Lower Vauxhall, Wolverhampton, WV1

Street Guide For Lower Vauxhall, Wolverhampton, WV1

 

Lower Vauxhall, Wolverhampton, WV1 Map

Estimated Price: £77,474
Average Asking Price: £106,833
Price change in last one year: £1,878
Average Price Paid: £74,800
Average Rent Rates: £1,254

 

Property Prices Breakdown in Lower Vauxhall, Wolverhampton, WV1

Average Price for property in Lower Vauxhall, Wolverhampton, WV1 is around £77,474 which varies based on type of property you are interested in and ranges from £118,151 for terraced house to around £65,610 for a flat. Values have been changing and have risen £358 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,450 in last 6 months, £1,878 in last 1 year, £5,525 in last 2 years, £6,909 in last 3 years, £5,924 in last 4 years and £4,161 in last 5 years.

Currently average asking price of a property in Lower Vauxhall, Wolverhampton, WV1 is around £106,833 based on approximately 4 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £1,254 per month.

Estimated property value in Lower Vauxhall, Wolverhampton, WV1 is £77,474. Average asking price is £106,833 while average price paid is £86,250 which is up by £1,878 and Avg. asking rent £1,254.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 Lower Vauxhall, Wolverhampton, WV1 area. In last 1 year alone average price buyer paid is around £86,250 based on approximately 4 sales in Lower Vauxhall, Wolverhampton, WV1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £76,400. 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 £74,800 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £74,800 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 £101,044, £112,277 for a 3 bedroom house, £149,983 for a 4 bedroom house and £219,950 for a 5 bedroom house. For a flat similarly the prices varies from £62,908 for a single bedroom to £90,937 for a 2 bedroom Flat. To sum up the asking prices for properties in Lower Vauxhall, Wolverhampton, WV1 it comes to around average £62,908 for 1 bedroom property, £93,969 for 2 bedroom, £112,277 for 3 bedroom, £149,983 for 4 bedroom and £219,950 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 £217 for 1 bedroom to £587 for 2 bedrooms, £524 for 3 bedrooms, £702 for 4 bedrooms and £693 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £447. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524 and £519 for 3 bedroom. You should be generally be expecting around average £414 rent per month for single bedroom property, £530 for 2 bedroom, £523 for 3 bedroom, £702 for 4 bedroom and approximately £693 for a 5 bedroom property in Lower Vauxhall, Wolverhampton, WV1 area.

Popular Houses in Lower Vauxhall, Wolverhampton, WV1

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 Lower Vauxhall, Wolverhampton, WV1