Oak Hill, Wolverhampton, WV3

Street Guide For Oak Hill, Wolverhampton, WV3

 

Oak Hill, Wolverhampton, WV3 Map

Estimated Price: £223,110
Average Asking Price: £197,016
Price change in last one year: £6,265
Average Price Paid: £175,463
Average Rent Rates: £526

 

Property Prices Breakdown in Oak Hill, Wolverhampton, WV3

Average Price for property in Oak Hill, Wolverhampton, WV3 is around £223,110 which varies based on type of property you are interested in and ranges from £292,951 for detached house to around £178,901 for semi-detached. Similarly terraced house is around £239,092. Values have been changing and have risen £365 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,293 in last 6 months, £6,265 in last 1 year, £17,230 in last 2 years, £20,405 in last 3 years, £19,234 in last 4 years and £14,330 in last 5 years.

Currently average asking price of a property in Oak Hill, Wolverhampton, WV3 is around £197,016 based on approximately 2 properties for sale. Same is the case with rental options based on 159 properties up for rent, average asking rent is around £526 per month.

Estimated property value in Oak Hill, Wolverhampton, WV3 is £223,110. Average asking price is £197,016 while average price paid is £136,875 which is up by £6,265 and Avg. asking rent £526.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 Oak Hill, Wolverhampton, WV3 area. In last 1 year alone average price buyer paid is around £136,875 based on approximately 2 sales in Oak Hill, Wolverhampton, WV3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £136,562. 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 £175,463 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £162,027 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 £166,500, £132,469 for a 2 bedroom house, £169,245 for a 3 bedroom house, £290,532 for a 4 bedroom house and £363,990 for a 5 bedroom house. For a flat similarly the prices varies from £73,479 for a single bedroom to £120,168 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £132,500. To sum up the asking prices for properties in Oak Hill, Wolverhampton, WV3 it comes to around average £88,983 for 1 bedroom property, £128,642 for 2 bedroom, £168,862 for 3 bedroom, £290,532 for 4 bedroom and £363,990 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 £423 for 1 bedroom to £523 for 2 bedrooms, £591 for 3 bedrooms, £651 for 4 bedrooms and £870 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £394. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £572, £494 for 3 bedroom and £511 for 4 bedroom. You should be generally be expecting around average £398 rent per month for single bedroom property, £559 for 2 bedroom, £589 for 3 bedroom, £635 for 4 bedroom and approximately £870 for a 5 bedroom property in Oak Hill, Wolverhampton, WV3 area.

Popular Houses in Oak Hill, Wolverhampton, WV3

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 Oak Hill, Wolverhampton, WV3