Lawrence Way, Lichfield, WS13

Street Guide For Lawrence Way, Lichfield, WS13

 

Lawrence Way, Lichfield, WS13 Map

Estimated Price: £388,806
Average Asking Price: £279,058
Price change in last one year: £29,865
Average Price Paid: £348,434
Average Rent Rates: £1,243

 

Property Prices Breakdown in Lawrence Way, Lichfield, WS13

Average Price for property in Lawrence Way, Lichfield, WS13 is around £388,806 which varies based on type of property you are interested in and ranges from £416,877 for detached house to around £234,416 for semi-detached. Similarly flat is around £132,787. Values have been changing and have risen £4,525 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,511 in last 6 months, £29,865 in last 1 year, £45,422 in last 2 years, £49,141 in last 3 years, £44,173 in last 4 years and £37,486 in last 5 years.

Currently average asking price of a property in Lawrence Way, Lichfield, WS13 is around £279,058 based on approximately 3 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £1,243 per month.

Estimated property value in Lawrence Way, Lichfield, WS13 is £388,806. Average asking price is £279,058 while average price paid is £400,000 which is up by £29,865 and Avg. asking rent £1,243.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 Lawrence Way, Lichfield, WS13 area. In last 1 year alone average price buyer paid is around £400,000 based on approximately 3 sales in Lawrence Way, Lichfield, WS13 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £338,177. 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 £348,434 for 16 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £344,731 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 1 bedroom is around £101,667, £210,396 for a 2 bedroom house, £254,307 for a 3 bedroom house, £425,817 for a 4 bedroom house and £389,490 for a 5 bedroom house. For a flat similarly the prices varies from £98,317 for a single bedroom to £170,123 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,000. To sum up the asking prices for properties in Lawrence Way, Lichfield, WS13 it comes to around average £99,992 for 1 bedroom property, £189,454 for 2 bedroom, £254,184 for 3 bedroom, £425,817 for 4 bedroom and £389,490 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 £376 for 1 bedroom to £592 for 2 bedrooms, £799 for 3 bedrooms, £1,219 for 4 bedrooms and £1,794 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £545. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £632, £997 for 3 bedroom and £949 for 4 bedroom. You should be generally be expecting around average £454 rent per month for single bedroom property, £621 for 2 bedroom, £821 for 3 bedroom, £1,142 for 4 bedroom and approximately £1,794 for a 5 bedroom property in Lawrence Way, Lichfield, WS13 area.

Popular Houses in Lawrence Way, Lichfield, WS13

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 Lawrence Way, Lichfield, WS13