Average Price for property in Penleigh Gardens, Wombourne, Wolverhampton, WV5 is around £321,853 e.g. average price for detached house is around 321,853. Values have been changing and have risen £951 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,960 in last 6 months, £9,207 in last 1 year, £23,067 in last 2 years, £25,412 in last 3 years, £22,352 in last 4 years and £16,841 in last 5 years.
Currently average asking price of a property in Penleigh Gardens, Wombourne, Wolverhampton, WV5 is around £326,925 based on approximately 2 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £643 per month.
Estimated property value in Penleigh Gardens, Wombourne, Wolverhampton, WV5 is £321,853. Average asking price is £326,925 while average price paid is £285,000 which is up by £9,207 and Avg. asking rent £643.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 Penleigh Gardens, Wombourne, Wolverhampton, WV5 area. In last 1 year alone average price buyer paid is around £285,000 based on approximately 2 sales in Penleigh Gardens, Wombourne, Wolverhampton, WV5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £266,833. 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 £269,922 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £267,290 per sale.