Lapper Avenue, Lanesfield, Wolverhampton, WV4

Street Guide For Lapper Avenue, Lanesfield, Wolverhampton, WV4

 

Lapper Avenue, Lanesfield, Wolverhampton, WV4 Map

Estimated Price: £154,386
Average Asking Price: £195,385
Price change in last one year: £4,360
Average Price Paid: £121,491
Average Rent Rates: £575

 

Property Prices Breakdown in Lapper Avenue, Lanesfield, Wolverhampton, WV4

Average Price for property in Lapper Avenue, Lanesfield, Wolverhampton, WV4 is around £154,386 which varies based on type of property you are interested in and ranges from £271,798 for detached house to around £141,300 for semi-detached. Similarly terraced house is around £170,164. Values have been changing and have risen £352 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,585 in last 6 months, £4,360 in last 1 year, £11,732 in last 2 years, £14,044 in last 3 years, £11,418 in last 4 years and £11,204 in last 5 years.

Currently average asking price of a property in Lapper Avenue, Lanesfield, Wolverhampton, WV4 is around £195,385 based on approximately 2 properties for sale. Same is the case with rental options based on 123 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Lapper Avenue, Lanesfield, Wolverhampton, WV4 is £154,386. Average asking price is £195,385 while average price paid is £107,475 which is up by £4,360 and Avg. asking rent £575.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 Lapper Avenue, Lanesfield, Wolverhampton, WV4 area. In last 1 year alone average price buyer paid is around £107,475 based on approximately 2 sales in Lapper Avenue, Lanesfield, Wolverhampton, WV4 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £114,983. 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 £121,491 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £125,778 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 £176,832, £166,585 for a 3 bedroom house, £294,975 for a 4 bedroom house and £334,480 for a 5 bedroom house. For a flat similarly the prices varies from £64,764 for a single bedroom to £113,257 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £75,000. To sum up the asking prices for properties in Lapper Avenue, Lanesfield, Wolverhampton, WV4 it comes to around average £64,764 for 1 bedroom property, £143,662 for 2 bedroom, £165,072 for 3 bedroom, £294,975 for 4 bedroom and £334,480 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 £394 for 1 bedroom to £629 for 2 bedroom, £617 for 3 bedroom and £795 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £371. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £510 and £506 for 3 bedroom. You should be generally be expecting around average £383 rent per month for single bedroom property, £528 for 2 bedroom, £604 for 3 bedroom and approximately £795 for 4 bedroom property in Lapper Avenue, Lanesfield, Wolverhampton, WV4 area.

Popular Houses in Lapper Avenue, Lanesfield, Wolverhampton, WV4

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 Lapper Avenue, Lanesfield, Wolverhampton, WV4