Pitmounds Way, Ketley, Telford, TF1

Street Guide For Pitmounds Way, Ketley, Telford, TF1

 

Pitmounds Way, Ketley, Telford, TF1 Map

Estimated Price: £177,009
Average Asking Price: £181,860
Price change in last one year: £8,219
Average Price Paid: £164,833
Average Rent Rates: £960

 

Property Prices Breakdown in Pitmounds Way, Ketley, Telford, TF1

Average Price for property in Pitmounds Way, Ketley, Telford, TF1 is around £177,009 which varies based on type of property you are interested in and ranges from £187,080 for detached house to around £166,955 for semi-detached. Similarly terraced house is around £176,994. Values have been changing and have risen £535 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £663 in last 6 months, £8,219 in last 1 year, £13,162 in last 2 years, £17,569 in last 3 years, £17,784 in last 4 years and £16,447 in last 5 years.

Currently average asking price of a property in Pitmounds Way, Ketley, Telford, TF1 is around £181,860 based on approximately 1 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £960 per month.

Estimated property value in Pitmounds Way, Ketley, Telford, TF1 is £177,009. Average asking price is £181,860 while average price paid is £158,500 which is up by £8,219 and Avg. asking rent £960.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 Pitmounds Way, Ketley, Telford, TF1 area. In last 1 year alone average price buyer paid is around £158,500 based on approximately 1 sales in Pitmounds Way, Ketley, Telford, TF1 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £158,500. 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 £164,833 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £164,833 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 £94,995, £115,473 for a 2 bedroom house, £152,190 for a 3 bedroom house, £219,590 for a 4 bedroom house and £354,360 for a 5 bedroom house. For a flat similarly the prices varies from £76,397 for a single bedroom to £103,442 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,995. To sum up the asking prices for properties in Pitmounds Way, Ketley, Telford, TF1 it comes to around average £79,054 for 1 bedroom property, £112,218 for 2 bedroom, £151,760 for 3 bedroom, £219,590 for 4 bedroom and £354,360 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 £355 for 1 bedroom to £535 for 2 bedroom, £671 for 3 bedroom and £814 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £463. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £481. You should be generally be expecting around average £400 rent per month for single bedroom property, £513 for 2 bedroom, £671 for 3 bedroom and approximately £814 for 4 bedroom property in Pitmounds Way, Ketley, Telford, TF1 area.

Popular Houses in Pitmounds Way, Ketley, Telford, TF1

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 Pitmounds Way, Ketley, Telford, TF1