Parkes Lane, Woodsetton, Dudley, DY3

Street Guide For Parkes Lane, Woodsetton, Dudley, DY3

 

Parkes Lane, Woodsetton, Dudley, DY3 Map

Estimated Price: £161,985
Average Asking Price: £150,547
Price change in last one year: £6,450
Average Price Paid: £145,125
Average Rent Rates: £560

 

Property Prices Breakdown in Parkes Lane, Woodsetton, Dudley, DY3

Average Price for property in Parkes Lane, Woodsetton, Dudley, DY3 is around £161,985 which varies based on type of property you are interested in and ranges from £186,331 for detached house to around £156,576 for semi-detached. Values have been changing and have risen £31 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,932 in last 6 months, £6,450 in last 1 year, £12,715 in last 2 years, £12,619 in last 3 years, £7,269 in last 4 years and £3,088 in last 5 years.

Currently average asking price of a property in Parkes Lane, Woodsetton, Dudley, DY3 is around £150,547 based on approximately 0 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £560 per month.

Estimated property value in Parkes Lane, Woodsetton, Dudley, DY3 is £161,985. Average asking price is £150,547 while average price paid is £144,166 which is up by £12,619 and Avg. asking rent £560.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 Parkes Lane, Woodsetton, Dudley, DY3 area. In last 3 years alone average price buyer paid is around £144,166 based on approximately 3 sales in Parkes Lane, Woodsetton, Dudley, DY3 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £145,125. 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 £146,090 for 5 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 £99,995, £118,648 for a 2 bedroom house, £155,294 for a 3 bedroom house, £247,177 for a 4 bedroom house and £297,475 for a 5 bedroom house. For a flat similarly the prices varies from £74,245 for a single bedroom to £108,581 for a 2 bedroom Flat. To sum up the asking prices for properties in Parkes Lane, Woodsetton, Dudley, DY3 it comes to around average £76,391 for 1 bedroom property, £116,775 for 2 bedroom, £155,294 for 3 bedroom, £247,177 for 4 bedroom and £297,475 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 £527 for 2 bedroom to £639 for 3 bedroom and £676 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £509. You should be generally be expecting around average £522 rent per month for 2 bedroom property, £639 for 3 bedroom and approximately £676 for 4 bedroom property in Parkes Lane, Woodsetton, Dudley, DY3 area.

Popular Houses in Parkes Lane, Woodsetton, Dudley, DY3

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 Parkes Lane, Woodsetton, Dudley, DY3