Park Close, Cheslyn Hay, Walsall, WS6

Street Guide For Park Close, Cheslyn Hay, Walsall, WS6

 

Park Close, Cheslyn Hay, Walsall, WS6 Map

Estimated Price: £166,356
Average Asking Price: £266,772
Price change in last one year: £11,164
Average Price Paid: £156,150
Average Rent Rates: £471

 

Property Prices Breakdown in Park Close, Cheslyn Hay, Walsall, WS6

Average Price for property in Park Close, Cheslyn Hay, Walsall, WS6 is around £166,356 which varies based on type of property you are interested in and ranges from £206,662 for detached house to around £155,154 for semi-detached. Similarly terraced house is around £168,609. Values have been changing and have risen £1,671 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,321 in last 6 months, £11,164 in last 1 year, £15,947 in last 2 years, £20,604 in last 3 years, £17,287 in last 4 years and £13,509 in last 5 years.

Currently average asking price of a property in Park Close, Cheslyn Hay, Walsall, WS6 is around £266,772 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £471 per month.

Estimated property value in Park Close, Cheslyn Hay, Walsall, WS6 is £166,356. Average asking price is £266,772 while average price paid is £168,475 which is up by £11,164 and Avg. asking rent £471.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 Park Close, Cheslyn Hay, Walsall, WS6 area. In last 1 year alone average price buyer paid is around £168,475 based on approximately 2 sales in Park Close, Cheslyn Hay, Walsall, WS6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £156,150. 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 £156,150 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £156,150 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 2 bedroom is around £141,494, £173,157 for a 3 bedroom house, £367,353 for a 4 bedroom house and £403,333 for a 5 bedroom house. For a flat the prices of 2 bedroom is £85,000. To sum up the asking prices for properties in Park Close, Cheslyn Hay, Walsall, WS6 it comes to around average £130,195 for 2 bedroom property, £173,157 for 3 bedroom, £367,353 for 4 bedroom and £403,333 for 5 bedroom.

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 £533 for 2 bedroom to £550 for 3 bedroom. You should be generally be expecting around average £533 rent per month for 2 bedroom property and approximately £550 for 3 bedroom property in Park Close, Cheslyn Hay, Walsall, WS6 area.

Popular Houses in Park Close, Cheslyn Hay, Walsall, WS6

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 Park Close, Cheslyn Hay, Walsall, WS6