Monks Drive, Studley, B80

Street Guide For Monks Drive, Studley, B80

 
 

Monks Drive, Studley, B80 Map

Estimated Price: £195,928
Average Asking Price: £319,455
Price change in last one year: £11,506
Average Price Paid: £170,000
Average Rent Rates: £991

AP Morgan Estate Agents - Redditch
12 Church Green East, Redditch B98 8BP

Free House valuation

 

Property Prices Breakdown in Monks Drive, Studley, B80

Average Price for property in Monks Drive, Studley, B80 is around £195,928 e.g. average price for semi-detached is around 195,928. Values have been changing and have risen £542 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,149 in last 6 months, £11,506 in last 1 year, £20,181 in last 2 years, £20,890 in last 3 years, £18,955 in last 4 years and £19,681 in last 5 years.

Currently average asking price of a property in Monks Drive, Studley, B80 is around £319,455 based on approximately 1 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £991 per month.

Estimated property value in Monks Drive, Studley, B80 is £195,928. Average asking price is £319,455 while average price paid is £170,000 which is up by £11,506 and Avg. asking rent £991.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 Monks Drive, Studley, B80 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Monks Drive, Studley, B80 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £170,000. 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 £170,000 for 1 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £162,500 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 2 bedroom is around £240,000, £285,490 for a 3 bedroom house, £464,988 for a 4 bedroom house and £562,500 for a 5 bedroom house. For a flat similarly the prices varies from £117,475 for a 2 bedroom to £110,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Monks Drive, Studley, B80 it comes to around average £178,738 for 2 bedroom property, £269,536 for 3 bedroom, £464,988 for 4 bedroom and £562,500 for 5 bedroom.

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 £875 for 1 bedroom to £1,352 for 2 bedroom and £693 for 3 bedroom. You should be generally be expecting around average £875 rent per month for single bedroom property, £1,352 for 2 bedroom and approximately £693 for 3 bedroom property in Monks Drive, Studley, B80 area.

Popular Houses in Monks Drive, Studley, B80

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 Monks Drive, Studley, B80