Values have been changing and have risen £225 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £606 in last 6 months, £1,563 in last 1 year, £4,802 in last 2 years, £6,063 in last 3 years, £5,166 in last 4 years and £4,628 in last 5 years.
Currently average asking price of a property in Merstone Close, Bilston, WV14 is around £128,603 based on approximately 3 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £503 per month.
Estimated property value in Merstone Close, Bilston, WV14 is £72,541. Average asking price is £128,603 while average price paid is £46,333 which is up by £1,563 and Avg. asking rent £503.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 Merstone Close, Bilston, WV14 area. In last 1 year alone average price buyer paid is around £46,333 based on approximately 3 sales in Merstone Close, Bilston, WV14 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £61,800. 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 £66,875 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £69,550 per sale.