Manor Lane, Bobbington, Stourbridge, DY7

Street Guide For Manor Lane, Bobbington, Stourbridge, DY7

 

Manor Lane, Bobbington, Stourbridge, DY7 Map

Estimated Price: £583,020
Average Asking Price: £471,326
Price change in last one year: £28,641
Average Price Paid: £500,000
Average Rent Rates: £687

 

Property Prices Breakdown in Manor Lane, Bobbington, Stourbridge, DY7

Average Price for property in Manor Lane, Bobbington, Stourbridge, DY7 is around £583,020 e.g. average price for detached house is around 583,020. Values have been changing and have risen £1,522 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,653 in last 6 months, £28,641 in last 1 year, £46,488 in last 2 years, £46,246 in last 3 years, £28,871 in last 4 years and £24,669 in last 5 years.

Currently average asking price of a property in Manor Lane, Bobbington, Stourbridge, DY7 is around £471,326 based on approximately 0 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £687 per month.

Estimated property value in Manor Lane, Bobbington, Stourbridge, DY7 is £583,020. Average asking price is £471,326 while average price paid is £500,000 which is up by £46,246 and Avg. asking rent £687.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 Manor Lane, Bobbington, Stourbridge, DY7 area. In last 3 years alone average price buyer paid is around £500,000 based on approximately 1 sales in Manor Lane, Bobbington, Stourbridge, DY7 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £500,000. 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 £500,000 for 1 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 £215,988, £316,850 for a 3 bedroom house, £576,064 for a 4 bedroom house and £748,750 for a 5 bedroom house. For a flat similarly the prices varies from £172,475 for a single bedroom to £153,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Manor Lane, Bobbington, Stourbridge, DY7 it comes to around average £172,475 for 1 bedroom property, £195,242 for 2 bedroom, £316,850 for 3 bedroom, £576,064 for 4 bedroom and £748,750 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 £633 for 2 bedroom to £1,148 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £849. You should be generally be expecting around average £687 rent per month for 2 bedroom property and approximately £1,148 for 4 bedroom property in Manor Lane, Bobbington, Stourbridge, DY7 area.

Popular Houses in Manor Lane, Bobbington, Stourbridge, DY7

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 Manor Lane, Bobbington, Stourbridge, DY7