Morfe Hall Lane, Enville, Stourbridge, DY7

Street Guide For Morfe Hall Lane, Enville, Stourbridge, DY7

 

Morfe Hall Lane, Enville, Stourbridge, DY7 Map

Estimated Price: £325,005
Average Asking Price: £471,326
Price change in last one year: £15,970
Average Price Paid: £280,000
Average Rent Rates: £687

 

Property Prices Breakdown in Morfe Hall Lane, Enville, Stourbridge, DY7

Average Price for property in Morfe Hall Lane, Enville, Stourbridge, DY7 is around £325,005 e.g. average price for semi-detached is around 325,005. Values have been changing and have risen £850 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,941 in last 6 months, £15,970 in last 1 year, £25,922 in last 2 years, £25,789 in last 3 years, £16,105 in last 4 years and £13,766 in last 5 years.

Currently average asking price of a property in Morfe Hall Lane, Enville, Stourbridge, DY7 is around £471,326 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £687 per month.

Estimated property value in Morfe Hall Lane, Enville, Stourbridge, DY7 is £325,005. Average asking price is £471,326 while average price paid is £280,000 which is up by £15,970 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 Morfe Hall Lane, Enville, Stourbridge, DY7 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Morfe Hall Lane, Enville, Stourbridge, DY7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £280,000. 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 £280,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £280,000 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 2 bedroom is around £215,988, £314,643 for a 3 bedroom house, £576,064 for a 4 bedroom house and £748,750 for a 5 bedroom house. For a flat similarly the prices varies from £172,475 for a single bedroom to £153,750 for a 2 bedroom Flat. To sum up the asking prices for properties in Morfe Hall Lane, Enville, Stourbridge, DY7 it comes to around average £172,475 for 1 bedroom property, £195,242 for 2 bedroom, £314,643 for 3 bedroom, £576,064 for 4 bedroom and £748,750 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 £633 for 2 bedroom to £823 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £849. You should be generally be expecting around average £687 rent per month for 2 bedroom property and approximately £823 for 3 bedroom property in Morfe Hall Lane, Enville, Stourbridge, DY7 area.

Popular Houses in Morfe Hall Lane, Enville, Stourbridge, DY7

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 Morfe Hall Lane, Enville, Stourbridge, DY7