Hospital Road, Hammerwich, Burntwood, WS7

Street Guide For Hospital Road, Hammerwich, Burntwood, WS7

 

Hospital Road, Hammerwich, Burntwood, WS7 Map

Estimated Price: £290,890
Average Asking Price: £211,698
Price change in last one year: £21,263
Average Price Paid: £280,000
Average Rent Rates: £731

 

Property Prices Breakdown in Hospital Road, Hammerwich, Burntwood, WS7

Average Price for property in Hospital Road, Hammerwich, Burntwood, WS7 is around £290,890 e.g. average price for detached house is around 290,890. Values have been changing and have risen £2,688 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,805 in last 6 months, £21,263 in last 1 year, £30,615 in last 2 years, £36,115 in last 3 years, £29,709 in last 4 years and £27,388 in last 5 years.

Currently average asking price of a property in Hospital Road, Hammerwich, Burntwood, WS7 is around £211,698 based on approximately 0 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £731 per month.

Estimated property value in Hospital Road, Hammerwich, Burntwood, WS7 is £290,890. Average asking price is £211,698 while average price paid is £280,000 which is up by £27,388 and Avg. asking rent £731.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 Hospital Road, Hammerwich, Burntwood, WS7 area. In last 5 years alone average price buyer paid is around £280,000 based on approximately 1 sales in Hospital Road, Hammerwich, Burntwood, WS7 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £280,000.

 
 

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 £149,400, £179,357 for a 3 bedroom house, £307,649 for a 4 bedroom house and £418,000 for a 5 bedroom house. For a flat similarly the prices varies from £109,930 for a 2 bedroom to £249,950 for a 3 bedroom Flat. To sum up the asking prices for properties in Hospital Road, Hammerwich, Burntwood, WS7 it comes to around average £142,352 for 2 bedroom property, £180,251 for 3 bedroom, £307,649 for 4 bedroom and £418,000 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 £679 for 2 bedroom to £658 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £500 and £598 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £554 for 2 bedroom and approximately £653 for 3 bedroom property in Hospital Road, Hammerwich, Burntwood, WS7 area.

Popular Houses in Hospital Road, Hammerwich, Burntwood, WS7

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 Hospital Road, Hammerwich, Burntwood, WS7