Average Price for property in Margaret Drive, Stourbridge, DY8 is around £248,141 e.g. average price for semi-detached is around 248,141. Values have been changing and have risen £1,123 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,887 in last 6 months, £11,757 in last 1 year, £18,034 in last 2 years, £18,399 in last 3 years, £12,046 in last 4 years and £10,430 in last 5 years.
Currently average asking price of a property in Margaret Drive, Stourbridge, DY8 is around £194,074 based on approximately 1 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £708 per month.
Estimated property value in Margaret Drive, Stourbridge, DY8 is £248,141. Average asking price is £194,074 while average price paid is £285,000 which is up by £11,757 and Avg. asking rent £708.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 Margaret Drive, Stourbridge, DY8 area. In last 1 year alone average price buyer paid is around £285,000 based on approximately 1 sales in Margaret Drive, Stourbridge, DY8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £264,500. 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 £264,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £264,500 per sale.