Marsh Lane, Lichfield, WS14

Street Guide For Marsh Lane, Lichfield, WS14

 

Marsh Lane, Lichfield, WS14 Map

Estimated Price: £430,186
Average Asking Price: £325,133
Price change in last one year: £31,620
Average Price Paid: £230,000
Average Rent Rates: £2,112

 

Property Prices Breakdown in Marsh Lane, Lichfield, WS14

Average Price for property in Marsh Lane, Lichfield, WS14 is around £430,186 e.g. average price for detached house is around 430,186. Values have been changing and have risen £4,943 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,921 in last 6 months, £31,620 in last 1 year, £50,135 in last 2 years, £59,304 in last 3 years, £50,988 in last 4 years and £50,897 in last 5 years.

Currently average asking price of a property in Marsh Lane, Lichfield, WS14 is around £325,133 based on approximately 1 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £2,112 per month.

Estimated property value in Marsh Lane, Lichfield, WS14 is £430,186. Average asking price is £325,133 while average price paid is £230,000 which is up by £31,620 and Avg. asking rent £2,112.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 Marsh Lane, Lichfield, WS14 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Marsh Lane, Lichfield, WS14 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £230,000. 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 £230,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £230,000 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 £137,500, £202,317 for a 2 bedroom house, £297,523 for a 3 bedroom house, £477,568 for a 4 bedroom house and £461,667 for a 5 bedroom house. For a flat similarly the prices varies from £95,000 for a single bedroom to £186,399 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £365,995 and £425,000 for a 4 bedroom flat. To sum up the asking prices for properties in Marsh Lane, Lichfield, WS14 it comes to around average £129,000 for 1 bedroom property, £192,017 for 2 bedroom, £302,790 for 3 bedroom, £474,940 for 4 bedroom and £461,667 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 £394 for 1 bedroom to £750 for 2 bedrooms, £942 for 3 bedrooms, £897 for 4 bedrooms and £2,500 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £479. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £764. You should be generally be expecting around average £462 rent per month for single bedroom property, £757 for 2 bedroom, £942 for 3 bedroom, £897 for 4 bedroom and approximately £2,500 for a 5 bedroom property in Marsh Lane, Lichfield, WS14 area.

Popular Houses in Marsh Lane, Lichfield, WS14

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 Marsh Lane, Lichfield, WS14