Lichfield Road, Brownhills, Walsall, WS8

Street Guide For Lichfield Road, Brownhills, Walsall, WS8

 

Lichfield Road, Brownhills, Walsall, WS8 Map

Estimated Price: £155,998
Average Asking Price: £164,467
Price change in last one year: £10,351
Average Price Paid: £137,666
Average Rent Rates: £463

 

Property Prices Breakdown in Lichfield Road, Brownhills, Walsall, WS8

Average Price for property in Lichfield Road, Brownhills, Walsall, WS8 is around £155,998 which varies based on type of property you are interested in and ranges from £243,571 for detached house to around £137,631 for semi-detached. Similarly terraced house is around £114,324. Values have been changing and have risen £1,623 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,470 in last 6 months, £10,351 in last 1 year, £14,238 in last 2 years, £19,225 in last 3 years, £16,218 in last 4 years and £14,179 in last 5 years.

Currently average asking price of a property in Lichfield Road, Brownhills, Walsall, WS8 is around £164,467 based on approximately 4 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £463 per month.

Estimated property value in Lichfield Road, Brownhills, Walsall, WS8 is £155,998. Average asking price is £164,467 while average price paid is £161,375 which is up by £10,351 and Avg. asking rent £463.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 Lichfield Road, Brownhills, Walsall, WS8 area. In last 1 year alone average price buyer paid is around £161,375 based on approximately 4 sales in Lichfield Road, Brownhills, Walsall, WS8 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £145,253. 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 £137,666 for 21 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £131,379 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 £117,741, £150,324 for a 3 bedroom house, £237,268 for a 4 bedroom house and £262,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £93,736. To sum up the asking prices for properties in Lichfield Road, Brownhills, Walsall, WS8 it comes to around average £108,139 for 2 bedroom property, £150,324 for 3 bedroom, £237,268 for 4 bedroom and £262,500 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 £368 for 1 bedroom to £580 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475. You should be generally be expecting around average £410 rent per month for single bedroom property and approximately £544 for 2 bedroom property in Lichfield Road, Brownhills, Walsall, WS8 area.

Popular Houses in Lichfield Road, Brownhills, Walsall, WS8

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 Lichfield Road, Brownhills, Walsall, WS8