Average Price for property in Mercer Grove, Wednesfield, Wolverhampton, WV11 is around £131,226 which varies based on type of property you are interested in and ranges from £123,611 for semi-detached to around £133,765 for terraced house. Values have been changing and have risen £504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,956 in last 6 months, £4,397 in last 1 year, £9,675 in last 2 years, £11,330 in last 3 years, £8,241 in last 4 years and £8,729 in last 5 years.
Currently average asking price of a property in Mercer Grove, Wednesfield, Wolverhampton, WV11 is around £158,872 based on approximately 0 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £687 per month.
Estimated property value in Mercer Grove, Wednesfield, Wolverhampton, WV11 is £131,226. Average asking price is £158,872 while average price paid is £105,500 which is up by £11,330 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 Mercer Grove, Wednesfield, Wolverhampton, WV11 area. In last 3 years alone average price buyer paid is around £105,500 based on approximately 1 sales in Mercer Grove, Wednesfield, Wolverhampton, WV11 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £105,500. 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 £115,250 for 2 per sale.