Magnolia Close, Bomere Heath, Shrewsbury, SY4

Street Guide For Magnolia Close, Bomere Heath, Shrewsbury, SY4

 

Magnolia Close, Bomere Heath, Shrewsbury, SY4 Map

Estimated Price: £106,018
Average Asking Price: £307,066
Price change in last one year: £2,723
Average Price Paid: £97,500
Average Rent Rates: £897

 

Property Prices Breakdown in Magnolia Close, Bomere Heath, Shrewsbury, SY4

Average Price for property in Magnolia Close, Bomere Heath, Shrewsbury, SY4 is around £106,018 which varies based on type of property you are interested in and ranges from £111,183 for semi-detached to around £104,727 for a flat. Values have been changing and have risen £29 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,489 in last 6 months, £2,723 in last 1 year, £6,450 in last 2 years, £7,533 in last 3 years, £7,526 in last 4 years and £5,339 in last 5 years.

Currently average asking price of a property in Magnolia Close, Bomere Heath, Shrewsbury, SY4 is around £307,066 based on approximately 1 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £897 per month.

Estimated property value in Magnolia Close, Bomere Heath, Shrewsbury, SY4 is £106,018. Average asking price is £307,066 while average price paid is £110,000 which is up by £2,723 and Avg. asking rent £897.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 Magnolia Close, Bomere Heath, Shrewsbury, SY4 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 1 sales in Magnolia Close, Bomere Heath, Shrewsbury, SY4 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £97,500. 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 £97,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £97,500 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 £64,995, £137,987 for a 2 bedroom house, £229,737 for a 3 bedroom house, £327,200 for a 4 bedroom house and £455,513 for a 5 bedroom house. For a flat similarly the prices varies from £91,389 for a single bedroom to £97,136 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £141,225. To sum up the asking prices for properties in Magnolia Close, Bomere Heath, Shrewsbury, SY4 it comes to around average £83,848 for 1 bedroom property, £126,988 for 2 bedroom, £227,171 for 3 bedroom, £327,200 for 4 bedroom and £455,513 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 £574 for 2 bedroom to £664 for 3 bedroom and £1,161 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £510 and £624 for 3 bedroom. You should be generally be expecting around average £425 rent per month for single bedroom property, £540 for 2 bedroom, £654 for 3 bedroom and approximately £1,161 for 5 bedroom property in Magnolia Close, Bomere Heath, Shrewsbury, SY4 area.

Popular Houses in Magnolia Close, Bomere Heath, Shrewsbury, SY4

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 Magnolia Close, Bomere Heath, Shrewsbury, SY4