Oval Road, Tipton, DY4

Street Guide For Oval Road, Tipton, DY4

 

Oval Road, Tipton, DY4 Map

Estimated Price: £99,633
Average Asking Price: £127,368
Price change in last one year: £5,775
Average Price Paid: £71,416
Average Rent Rates: £450

 

Property Prices Breakdown in Oval Road, Tipton, DY4

Average Price for property in Oval Road, Tipton, DY4 is around £99,633 which varies based on type of property you are interested in and ranges from £107,565 for detached house to around £98,257 for semi-detached. Similarly terraced house is around £101,605. Values have been changing and have risen £128 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,200 in last 6 months, £5,775 in last 1 year, £7,496 in last 2 years, £8,040 in last 3 years, £5,209 in last 4 years and £3,251 in last 5 years.

Currently average asking price of a property in Oval Road, Tipton, DY4 is around £127,368 based on approximately 2 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £450 per month.

Estimated property value in Oval Road, Tipton, DY4 is £99,633. Average asking price is £127,368 while average price paid is £70,000 which is up by £5,775 and Avg. asking rent £450.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 Oval Road, Tipton, DY4 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 2 sales in Oval Road, Tipton, DY4 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £71,416. 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 £71,416 for 6 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £82,957 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 £56,000, £99,792 for a 2 bedroom house, £131,639 for a 3 bedroom house, £188,341 for a 4 bedroom house and £268,750 for a 5 bedroom house. For a flat similarly the prices varies from £59,489 for a single bedroom to £87,469 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £50,000. To sum up the asking prices for properties in Oval Road, Tipton, DY4 it comes to around average £59,264 for 1 bedroom property, £96,369 for 2 bedroom, £131,064 for 3 bedroom, £188,341 for 4 bedroom and £268,750 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 £418 for 1 bedroom to £540 for 2 bedroom, £532 for 3 bedroom and £867 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £367. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £504 and £425 for 3 bedroom. You should be generally be expecting around average £380 rent per month for single bedroom property, £516 for 2 bedroom, £492 for 3 bedroom and approximately £867 for 4 bedroom property in Oval Road, Tipton, DY4 area.

Popular Houses in Oval Road, Tipton, DY4

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 Oval Road, Tipton, DY4