Norfolk Road, Stourbridge, DY8

Street Guide For Norfolk Road, Stourbridge, DY8

 

Norfolk Road, Stourbridge, DY8 Map

Estimated Price: £136,706
Average Asking Price: £194,074
Price change in last one year: £6,480
Average Price Paid: £117,250
Average Rent Rates: £708

 

Property Prices Breakdown in Norfolk Road, Stourbridge, DY8

Average Price for property in Norfolk Road, Stourbridge, DY8 is around £136,706 which varies based on type of property you are interested in and ranges from £136,302 for semi-detached to around £140,944 for terraced house. Values have been changing and have risen £619 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,244 in last 6 months, £6,480 in last 1 year, £9,939 in last 2 years, £10,144 in last 3 years, £6,648 in last 4 years and £5,762 in last 5 years.

Currently average asking price of a property in Norfolk Road, Stourbridge, DY8 is around £194,074 based on approximately 1 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £708 per month.

Estimated property value in Norfolk Road, Stourbridge, DY8 is £136,706. Average asking price is £194,074 while average price paid is £118,500 which is up by £6,480 and Avg. asking rent £708.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 Norfolk Road, Stourbridge, DY8 area. In last 1 year alone average price buyer paid is around £118,500 based on approximately 1 sales in Norfolk Road, Stourbridge, DY8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £117,250. 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 £117,250 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £118,125 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 £115,450, £138,050 for a 2 bedroom house, £177,502 for a 3 bedroom house, £302,656 for a 4 bedroom house and £417,589 for a 5 bedroom house. For a flat similarly the prices varies from £93,038 for a single bedroom to £119,971 for a 2 bedroom Flat. To sum up the asking prices for properties in Norfolk Road, Stourbridge, DY8 it comes to around average £97,240 for 1 bedroom property, £131,271 for 2 bedroom, £177,502 for 3 bedroom, £302,656 for 4 bedroom and £417,589 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 £402 for 1 bedroom to £556 for 2 bedrooms, £683 for 3 bedrooms, £693 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £408. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507, £524 for 3 bedroom and £347 for 4 bedroom. You should be generally be expecting around average £405 rent per month for single bedroom property, £540 for 2 bedroom, £667 for 3 bedroom, £520 for 4 bedroom and approximately £949 for a 5 bedroom property in Norfolk Road, Stourbridge, DY8 area.

Popular Houses in Norfolk Road, Stourbridge, DY8

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 Norfolk Road, Stourbridge, DY8