New Farm Road, Lye, Stourbridge, DY9

Street Guide For New Farm Road, Lye, Stourbridge, DY9

 

New Farm Road, Lye, Stourbridge, DY9 Map

Estimated Price: £134,976
Average Asking Price: £227,610
Price change in last one year: £4,781
Average Price Paid: £130,000
Average Rent Rates: £622

 

Property Prices Breakdown in New Farm Road, Lye, Stourbridge, DY9

Average Price for property in New Farm Road, Lye, Stourbridge, DY9 is around £134,976 which varies based on type of property you are interested in and ranges from £127,052 for detached house to around £132,463 for semi-detached. Similarly terraced house is around £149,440 and a flat is worth £95,703. Values have been changing and have risen £266 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,027 in last 6 months, £4,781 in last 1 year, £8,925 in last 2 years, £10,914 in last 3 years, £3,803 in last 4 years and £5,853 in last 5 years.

Currently average asking price of a property in New Farm Road, Lye, Stourbridge, DY9 is around £227,610 based on approximately 0 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £622 per month.

Estimated property value in New Farm Road, Lye, Stourbridge, DY9 is £134,976. Average asking price is £227,610 while average price paid is £130,000 which is up by £10,914 and Avg. asking rent £622.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 New Farm Road, Lye, Stourbridge, DY9 area. In last 3 years alone average price buyer paid is around £130,000 based on approximately 1 sales in New Farm Road, Lye, Stourbridge, DY9 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £130,000. 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 £111,666 for 3 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 £89,125, £116,150 for a 2 bedroom house, £201,903 for a 3 bedroom house, £375,085 for a 4 bedroom house and £677,492 for a 5 bedroom house. For a flat similarly the prices varies from £112,494 for a single bedroom to £149,987 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £280,000. To sum up the asking prices for properties in New Farm Road, Lye, Stourbridge, DY9 it comes to around average £104,704 for 1 bedroom property, £129,040 for 2 bedroom, £201,903 for 3 bedroom, £370,557 for 4 bedroom and £677,492 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 £490 for 2 bedroom, £638 for 3 bedroom and £1,499 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £362. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507 and £524 for 3 bedroom. You should be generally be expecting around average £370 rent per month for single bedroom property, £496 for 2 bedroom, £628 for 3 bedroom and approximately £1,499 for 4 bedroom property in New Farm Road, Lye, Stourbridge, DY9 area.

Popular Houses in New Farm Road, Lye, Stourbridge, DY9

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 New Farm Road, Lye, Stourbridge, DY9