Values have been changing and have risen £118 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £30 in last 6 months, £5,155 in last 1 year, £10,876 in last 2 years, £14,400 in last 3 years, £10,675 in last 4 years and £8,826 in last 5 years.
Currently average asking price of a property in Orchard Lane, Codsall, Wolverhampton, WV8 is around £293,934 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £586 per month.
Estimated property value in Orchard Lane, Codsall, Wolverhampton, WV8 is £137,203. Average asking price is £293,934 while average price paid is £125,000 which is up by £5,155 and Avg. asking rent £586.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 Orchard Lane, Codsall, Wolverhampton, WV8 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Orchard Lane, Codsall, Wolverhampton, WV8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £108,200. 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 £102,666 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £102,125 per sale.