Lichfield Road, Willenhall, WV12

Street Guide For Lichfield Road, Willenhall, WV12

 

Lichfield Road, Willenhall, WV12 Map

Estimated Price: £144,781
Average Asking Price: £152,939
Price change in last one year: £5,697
Average Price Paid: £130,444
Average Rent Rates: £566

 

Property Prices Breakdown in Lichfield Road, Willenhall, WV12

Average Price for property in Lichfield Road, Willenhall, WV12 is around £144,781 which varies based on type of property you are interested in and ranges from £212,368 for detached house to around £121,723 for semi-detached. Similarly terraced house is around £129,029 and a flat is worth £91,504. Values have been changing and have risen £223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,175 in last 6 months, £5,697 in last 1 year, £13,900 in last 2 years, £15,062 in last 3 years, £11,817 in last 4 years and £9,857 in last 5 years.

Currently average asking price of a property in Lichfield Road, Willenhall, WV12 is around £152,939 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £566 per month.

Estimated property value in Lichfield Road, Willenhall, WV12 is £144,781. Average asking price is £152,939 while average price paid is £138,500 which is up by £5,697 and Avg. asking rent £566.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, Willenhall, WV12 area. In last 1 year alone average price buyer paid is around £138,500 based on approximately 2 sales in Lichfield Road, Willenhall, WV12 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £144,900. 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 £130,444 for 19 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £127,158 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 £120,795, £141,552 for a 3 bedroom house, £220,801 for a 4 bedroom house and £240,606 for a 5 bedroom house. For a flat similarly the prices varies from £65,000 for a single bedroom to £79,188 for a 2 bedroom Flat. To sum up the asking prices for properties in Lichfield Road, Willenhall, WV12 it comes to around average £65,000 for 1 bedroom property, £112,036 for 2 bedroom, £141,552 for 3 bedroom, £220,801 for 4 bedroom and £240,606 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 £550 for 1 bedroom to £537 for 2 bedroom, £601 for 3 bedroom and £1,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £475 and £498 for 3 bedroom. You should be generally be expecting around average £450 rent per month for single bedroom property, £506 for 2 bedroom, £591 for 3 bedroom and approximately £1,001 for 5 bedroom property in Lichfield Road, Willenhall, WV12 area.

Popular Houses in Lichfield Road, Willenhall, WV12

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, Willenhall, WV12