Hood Lane, Armitage, Rugeley, WS15

Street Guide For Hood Lane, Armitage, Rugeley, WS15

 

Hood Lane, Armitage, Rugeley, WS15 Map

Estimated Price: £347,683
Average Asking Price: £334,573
Price change in last one year: £18,956
Average Price Paid: £326,666
Average Rent Rates: £766

Dixon & Co
9 Bridge Street, Stafford ST16 2HL

Free House valuation

 

Property Prices Breakdown in Hood Lane, Armitage, Rugeley, WS15

Average Price for property in Hood Lane, Armitage, Rugeley, WS15 is around £347,683 which varies based on type of property you are interested in and ranges from £399,299 for detached house to around £205,742 for semi-detached. Values have been changing and have risen £1,598 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,856 in last 6 months, £18,956 in last 1 year, £34,613 in last 2 years, £42,951 in last 3 years, £34,561 in last 4 years and £33,171 in last 5 years.

Currently average asking price of a property in Hood Lane, Armitage, Rugeley, WS15 is around £334,573 based on approximately 1 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £766 per month.

Estimated property value in Hood Lane, Armitage, Rugeley, WS15 is £347,683. Average asking price is £334,573 while average price paid is £280,000 which is up by £18,956 and Avg. asking rent £766.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hood Lane, Armitage, Rugeley, WS15 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Hood Lane, Armitage, Rugeley, WS15 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £326,666. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £326,666 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £307,500 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £153,310, £222,019 for a 3 bedroom house, £376,573 for a 4 bedroom house and £627,660 for a 5 bedroom house. For a flat the prices of 2 bedroom is £108,992. To sum up the asking prices for properties in Hood Lane, Armitage, Rugeley, WS15 it comes to around average £144,140 for 2 bedroom property, £222,019 for 3 bedroom, £376,573 for 4 bedroom and £627,660 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £416 for 1 bedroom to £624 for 2 bedroom, £657 for 3 bedroom and £875 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £572. You should be generally be expecting around average £416 rent per month for single bedroom property, £611 for 2 bedroom, £656 for 3 bedroom and approximately £876 for 4 bedroom property in Hood Lane, Armitage, Rugeley, WS15 area.

Popular Houses in Hood Lane, Armitage, Rugeley, WS15

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Hood Lane, Armitage, Rugeley, WS15