Park Lane, Kingswinford, DY6

Street Guide For Park Lane, Kingswinford, DY6

 

Park Lane, Kingswinford, DY6 Map

Estimated Price: £185,557
Average Asking Price: £201,376
Price change in last one year: £9,148
Average Price Paid: £131,000
Average Rent Rates: £520

 

Property Prices Breakdown in Park Lane, Kingswinford, DY6

Average Price for property in Park Lane, Kingswinford, DY6 is around £185,557 which varies based on type of property you are interested in and ranges from £314,451 for detached house to around £169,143 for semi-detached. Similarly terraced house is around £161,541. Values have been changing and have risen £293 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £434 in last 6 months, £9,148 in last 1 year, £15,632 in last 2 years, £16,718 in last 3 years, £10,176 in last 4 years and £10,887 in last 5 years.

Currently average asking price of a property in Park Lane, Kingswinford, DY6 is around £201,376 based on approximately 0 properties for sale. Same is the case with rental options based on 21 properties up for rent, average asking rent is around £520 per month.

Estimated property value in Park Lane, Kingswinford, DY6 is £185,557. Average asking price is £201,376 while average price paid is £140,000 which is up by £16,718 and Avg. asking rent £520.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 Lane, Kingswinford, DY6 area. In last 3 years alone average price buyer paid is around £140,000 based on approximately 2 sales in Park Lane, Kingswinford, DY6 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £131,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £131,000 for 4 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 £114,950, £142,606 for a 2 bedroom house, £195,323 for a 3 bedroom house, £268,845 for a 4 bedroom house and £327,474 for a 5 bedroom house. For a flat similarly the prices varies from £84,400 for a single bedroom to £122,450 for a 2 bedroom Flat. To sum up the asking prices for properties in Park Lane, Kingswinford, DY6 it comes to around average £88,219 for 1 bedroom property, £140,590 for 2 bedroom, £195,323 for 3 bedroom, £268,845 for 4 bedroom and £327,474 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 £407 for 1 bedroom to £568 for 2 bedroom and £668 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £451. You should be generally be expecting around average £391 rent per month for single bedroom property, £568 for 2 bedroom and approximately £641 for 3 bedroom property in Park Lane, Kingswinford, DY6 area.

Popular Houses in Park Lane, Kingswinford, DY6

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 Lane, Kingswinford, DY6