Magnolia Drive, Walsall, WS5

Street Guide For Magnolia Drive, Walsall, WS5

 

Magnolia Drive, Walsall, WS5 Map

Estimated Price: £225,856
Average Asking Price: £216,734
Price change in last one year: £14,359
Average Price Paid: £169,875
Average Rent Rates: £734

 

Property Prices Breakdown in Magnolia Drive, Walsall, WS5

Average Price for property in Magnolia Drive, Walsall, WS5 is around £225,856 which varies based on type of property you are interested in and ranges from £272,675 for detached house to around £160,330 for semi-detached. Similarly terraced house is around £140,730 and a flat is worth £142,025. Values have been changing and have risen £2,330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,344 in last 6 months, £14,359 in last 1 year, £17,590 in last 2 years, £25,361 in last 3 years, £20,978 in last 4 years and £17,380 in last 5 years.

Currently average asking price of a property in Magnolia Drive, Walsall, WS5 is around £216,734 based on approximately 3 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £734 per month.

Estimated property value in Magnolia Drive, Walsall, WS5 is £225,856. Average asking price is £216,734 while average price paid is £183,166 which is up by £14,359 and Avg. asking rent £734.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 Drive, Walsall, WS5 area. In last 1 year alone average price buyer paid is around £183,166 based on approximately 3 sales in Magnolia Drive, Walsall, WS5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £183,166. 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 £169,875 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £169,875 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 £80,725, £123,661 for a 2 bedroom house, £161,377 for a 3 bedroom house, £284,532 for a 4 bedroom house and £524,990 for a 5 bedroom house. For a flat similarly the prices varies from £74,974 for a single bedroom to £97,483 for a 2 bedroom Flat. To sum up the asking prices for properties in Magnolia Drive, Walsall, WS5 it comes to around average £76,891 for 1 bedroom property, £117,116 for 2 bedroom, £161,377 for 3 bedroom, £284,532 for 4 bedroom and £524,990 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 £498 for 1 bedroom to £500 for 2 bedrooms, £672 for 3 bedrooms, £833 for 4 bedrooms and £1,200 for 5 bedrooms house. But if you are interested in renting a 2 bedroom flat then rent per month can be around £724. You should be generally be expecting around average £498 rent per month for single bedroom property, £537 for 2 bedroom, £672 for 3 bedroom, £833 for 4 bedroom and approximately £1,200 for a 5 bedroom property in Magnolia Drive, Walsall, WS5 area.

Popular Houses in Magnolia Drive, Walsall, WS5

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 Drive, Walsall, WS5