New Wood Close, Stourbridge, DY7

Street Guide For New Wood Close, Stourbridge, DY7

 

New Wood Close, Stourbridge, DY7 Map

Estimated Price: £386,781
Average Asking Price: £474,084
Price change in last one year: £19,004
Average Price Paid: £311,000
Average Rent Rates: £714

 

Property Prices Breakdown in New Wood Close, Stourbridge, DY7

Average Price for property in New Wood Close, Stourbridge, DY7 is around £386,781 which varies based on type of property you are interested in and ranges from £384,624 for detached house to around £399,717 for semi-detached. Values have been changing and have risen £1,011 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,069 in last 6 months, £19,004 in last 1 year, £30,849 in last 2 years, £30,689 in last 3 years, £19,166 in last 4 years and £16,380 in last 5 years.

Currently average asking price of a property in New Wood Close, Stourbridge, DY7 is around £474,084 based on approximately 0 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £714 per month.

Estimated property value in New Wood Close, Stourbridge, DY7 is £386,781. Average asking price is £474,084 while average price paid is £311,000 which is up by £16,380 and Avg. asking rent £714.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 Wood Close, Stourbridge, DY7 area. In last 5 years alone average price buyer paid is around £311,000 based on approximately 1 sales in New Wood Close, Stourbridge, DY7 area alone. If you compare it to last 7 years sales of 2 properties where buyers paid around £280,500.

 
 

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 New Wood Close, 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 New Wood Close, Stourbridge, DY7 area.

Popular Houses in New Wood Close, 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 New Wood Close, Stourbridge, DY7