Lancaster Avenue, Dawley, Telford, TF4

Street Guide For Lancaster Avenue, Dawley, Telford, TF4

 

Lancaster Avenue, Dawley, Telford, TF4 Map

Estimated Price: £51,837
Average Asking Price: £181,624
Price change in last one year: £1,665
Average Price Paid: £44,583
Average Rent Rates: £632

 

Property Prices Breakdown in Lancaster Avenue, Dawley, Telford, TF4

Average Price for property in Lancaster Avenue, Dawley, Telford, TF4 is around £51,837 which varies based on type of property you are interested in and ranges from £56,072 for semi-detached to around £47,602 for a flat. Values have been changing and have risen £229 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £425 in last 6 months, £1,665 in last 1 year, £4,310 in last 2 years, £4,798 in last 3 years, £4,689 in last 4 years and £5,240 in last 5 years.

Currently average asking price of a property in Lancaster Avenue, Dawley, Telford, TF4 is around £181,624 based on approximately 5 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £632 per month.

Estimated property value in Lancaster Avenue, Dawley, Telford, TF4 is £51,837. Average asking price is £181,624 while average price paid is £43,500 which is up by £1,665 and Avg. asking rent £632.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 Lancaster Avenue, Dawley, Telford, TF4 area. In last 1 year alone average price buyer paid is around £43,500 based on approximately 5 sales in Lancaster Avenue, Dawley, Telford, TF4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £43,500. 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 £44,583 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £46,285 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 £133,502, £151,714 for a 3 bedroom house, £213,080 for a 4 bedroom house and £276,997 for a 5 bedroom house. For a flat similarly the prices varies from £85,000 for a single bedroom to £98,066 for a 2 bedroom Flat. To sum up the asking prices for properties in Lancaster Avenue, Dawley, Telford, TF4 it comes to around average £85,000 for 1 bedroom property, £118,877 for 2 bedroom, £151,714 for 3 bedroom, £213,080 for 4 bedroom and £276,997 for a 5 bedroom property.

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 £355 for 1 bedroom to £540 for 2 bedrooms, £652 for 3 bedrooms, £1,040 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £444. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £506. You should be generally be expecting around average £385 rent per month for single bedroom property, £528 for 2 bedroom, £652 for 3 bedroom, £1,040 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Lancaster Avenue, Dawley, Telford, TF4 area.

Popular Houses in Lancaster Avenue, Dawley, Telford, TF4

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 Lancaster Avenue, Dawley, Telford, TF4