Mob Lane, Pelsall, Walsall, WS4

Street Guide For Mob Lane, Pelsall, Walsall, WS4

 

Mob Lane, Pelsall, Walsall, WS4 Map

Estimated Price: £153,764
Average Asking Price: £166,744
Price change in last one year: £9,350
Average Price Paid: £129,714
Average Rent Rates: £591

 

Property Prices Breakdown in Mob Lane, Pelsall, Walsall, WS4

Average Price for property in Mob Lane, Pelsall, Walsall, WS4 is around £153,764 which varies based on type of property you are interested in and ranges from £214,471 for detached house to around £157,464 for semi-detached. Similarly terraced house is around £126,746. Values have been changing and have risen £1,152 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,159 in last 6 months, £9,350 in last 1 year, £14,498 in last 2 years, £18,384 in last 3 years, £12,796 in last 4 years and £13,077 in last 5 years.

Currently average asking price of a property in Mob Lane, Pelsall, Walsall, WS4 is around £166,744 based on approximately 3 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £591 per month.

Estimated property value in Mob Lane, Pelsall, Walsall, WS4 is £153,764. Average asking price is £166,744 while average price paid is £122,333 which is up by £9,350 and Avg. asking rent £591.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 Mob Lane, Pelsall, Walsall, WS4 area. In last 1 year alone average price buyer paid is around £122,333 based on approximately 3 sales in Mob Lane, Pelsall, Walsall, WS4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £135,200. 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 £129,714 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £119,550 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 £95,000, £117,260 for a 2 bedroom house, £160,368 for a 3 bedroom house, £251,270 for a 4 bedroom house and £286,000 for a 5 bedroom house. For a flat similarly the prices varies from £52,975 for a single bedroom to £98,046 for a 2 bedroom Flat. To sum up the asking prices for properties in Mob Lane, Pelsall, Walsall, WS4 it comes to around average £66,983 for 1 bedroom property, £107,322 for 2 bedroom, £160,368 for 3 bedroom, £251,270 for 4 bedroom and £286,000 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 £425 for 1 bedroom to £498 for 2 bedrooms, £654 for 3 bedrooms, £949 for 4 bedrooms and £438 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £375. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £618. You should be generally be expecting around average £392 rent per month for single bedroom property, £604 for 2 bedroom, £654 for 3 bedroom, £949 for 4 bedroom and approximately £438 for a 5 bedroom property in Mob Lane, Pelsall, Walsall, WS4 area.

Popular Houses in Mob Lane, Pelsall, Walsall, WS4

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 Mob Lane, Pelsall, Walsall, WS4