Light Ash Lane, Coven, Wolverhampton, WV9

Street Guide For Light Ash Lane, Coven, Wolverhampton, WV9

 

Light Ash Lane, Coven, Wolverhampton, WV9 Map

Estimated Price: £192,056
Average Asking Price: £168,533
Price change in last one year: £5,426
Average Price Paid: £73,000
Average Rent Rates: £4,927

 

Property Prices Breakdown in Light Ash Lane, Coven, Wolverhampton, WV9

Average Price for property in Light Ash Lane, Coven, Wolverhampton, WV9 is around £192,056 which varies based on type of property you are interested in and ranges from £305,958 for detached house to around £78,155 for a flat. Values have been changing and have risen £344 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,594 in last 6 months, £5,426 in last 1 year, £15,316 in last 2 years, £18,502 in last 3 years, £14,068 in last 4 years and £12,516 in last 5 years.

Currently average asking price of a property in Light Ash Lane, Coven, Wolverhampton, WV9 is around £168,533 based on approximately 1 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £4,927 per month.

Estimated property value in Light Ash Lane, Coven, Wolverhampton, WV9 is £192,056. Average asking price is £168,533 while average price paid is £73,000 which is up by £5,426 and Avg. asking rent £4,927.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 Light Ash Lane, Coven, Wolverhampton, WV9 area. In last 1 year alone average price buyer paid is around £73,000 based on approximately 1 sales in Light Ash Lane, Coven, Wolverhampton, WV9 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £73,000. 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 £73,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £73,000 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 £60,000, £128,878 for a 2 bedroom house, £157,407 for a 3 bedroom house, £227,462 for a 4 bedroom house and £477,500 for a 5 bedroom house. For a flat similarly the prices varies from £51,983 for a single bedroom to £140,990 for a 2 bedroom Flat. To sum up the asking prices for properties in Light Ash Lane, Coven, Wolverhampton, WV9 it comes to around average £55,190 for 1 bedroom property, £133,203 for 2 bedroom, £157,407 for 3 bedroom, £227,462 for 4 bedroom and £477,500 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 £399 for 1 bedroom to £550 for 2 bedroom, £885 for 3 bedroom and £861 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £451. You should be generally be expecting around average £394 rent per month for single bedroom property, £500 for 2 bedroom, £885 for 3 bedroom and approximately £861 for 4 bedroom property in Light Ash Lane, Coven, Wolverhampton, WV9 area.

Popular Houses in Light Ash Lane, Coven, Wolverhampton, WV9

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 Light Ash Lane, Coven, Wolverhampton, WV9