Portobello Close, The Rock, Telford, TF3

Street Guide For Portobello Close, The Rock, Telford, TF3

 

Portobello Close, The Rock, Telford, TF3 Map

Estimated Price: £124,093
Average Asking Price: £173,125
Price change in last one year: £5,712
Average Price Paid: £121,908
Average Rent Rates: £1,515

 

Property Prices Breakdown in Portobello Close, The Rock, Telford, TF3

Average Price for property in Portobello Close, The Rock, Telford, TF3 is around £124,093 which varies based on type of property you are interested in and ranges from £138,830 for detached house to around £118,932 for semi-detached. Similarly flat is around £54,870. Values have been changing and have risen £457 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,131 in last 6 months, £5,712 in last 1 year, £9,178 in last 2 years, £13,355 in last 3 years, £12,403 in last 4 years and £11,539 in last 5 years.

Currently average asking price of a property in Portobello Close, The Rock, Telford, TF3 is around £173,125 based on approximately 1 properties for sale. Same is the case with rental options based on 97 properties up for rent, average asking rent is around £1,515 per month.

Estimated property value in Portobello Close, The Rock, Telford, TF3 is £124,093. Average asking price is £173,125 while average price paid is £114,000 which is up by £5,712 and Avg. asking rent £1,515.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 Portobello Close, The Rock, Telford, TF3 area. In last 1 year alone average price buyer paid is around £114,000 based on approximately 1 sales in Portobello Close, The Rock, Telford, TF3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £116,983. 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 £121,908 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £122,605 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 £83,998, £115,613 for a 2 bedroom house, £139,142 for a 3 bedroom house, £185,714 for a 4 bedroom house and £322,500 for a 5 bedroom house. For a flat similarly the prices varies from £56,031 for a single bedroom to £71,458 for a 2 bedroom Flat. To sum up the asking prices for properties in Portobello Close, The Rock, Telford, TF3 it comes to around average £61,624 for 1 bedroom property, £101,178 for 2 bedroom, £139,142 for 3 bedroom, £185,714 for 4 bedroom and £322,500 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 £371 for 1 bedroom to £560 for 2 bedrooms, £568 for 3 bedrooms, £711 for 4 bedrooms and £1,224 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £405. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £486. You should be generally be expecting around average £377 rent per month for single bedroom property, £504 for 2 bedroom, £568 for 3 bedroom, £711 for 4 bedroom and approximately £1,224 for a 5 bedroom property in Portobello Close, The Rock, Telford, TF3 area.

Popular Houses in Portobello Close, The Rock, Telford, TF3

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 Portobello Close, The Rock, Telford, TF3