Mahogany Drive, Stafford, ST16

Street Guide For Mahogany Drive, Stafford, ST16

 

Mahogany Drive, Stafford, ST16 Map

Estimated Price: £224,613
Average Asking Price: £173,519
Price change in last one year: £10,066
Average Price Paid: £210,535
Average Rent Rates: £1,245

Dixon & Co
9 Bridge Street, Stafford ST16 2HL

Free House valuation

 

Property Prices Breakdown in Mahogany Drive, Stafford, ST16

Average Price for property in Mahogany Drive, Stafford, ST16 is around £224,613 which varies based on type of property you are interested in and ranges from £237,631 for detached house to around £174,465 for semi-detached. Similarly terraced house is around £169,661. Values have been changing and have risen £1,114 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,675 in last 6 months, £10,066 in last 1 year, £17,711 in last 2 years, £20,399 in last 3 years, £17,267 in last 4 years and £18,069 in last 5 years.

Currently average asking price of a property in Mahogany Drive, Stafford, ST16 is around £173,519 based on approximately 0 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £1,245 per month.

Estimated property value in Mahogany Drive, Stafford, ST16 is £224,613. Average asking price is £173,519 while average price paid is £210,750 which is up by £20,399 and Avg. asking rent £1,245.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 Mahogany Drive, Stafford, ST16 area. In last 3 years alone average price buyer paid is around £210,750 based on approximately 10 sales in Mahogany Drive, Stafford, ST16 area alone. If you compare it to last 5 years sales of 14 properties where buyers paid around £210,535. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £209,375 for 16 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 £108,738, £124,941 for a 2 bedroom house, £159,695 for a 3 bedroom house, £249,922 for a 4 bedroom house and £305,659 for a 5 bedroom house. For a flat similarly the prices varies from £96,562 for a single bedroom to £109,035 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £77,000. To sum up the asking prices for properties in Mahogany Drive, Stafford, ST16 it comes to around average £100,620 for 1 bedroom property, £119,802 for 2 bedroom, £158,530 for 3 bedroom, £249,922 for 4 bedroom and £305,659 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 £363 for 1 bedroom to £534 for 2 bedrooms, £695 for 3 bedrooms, £825 for 4 bedrooms and £1,603 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £457. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £575. You should be generally be expecting around average £423 rent per month for single bedroom property, £562 for 2 bedroom, £695 for 3 bedroom, £825 for 4 bedroom and approximately £1,603 for a 5 bedroom property in Mahogany Drive, Stafford, ST16 area.

Popular Houses in Mahogany Drive, Stafford, ST16

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 Mahogany Drive, Stafford, ST16