Ravenhill Drive, Ketley Bank, Telford, TF2

Street Guide For Ravenhill Drive, Ketley Bank, Telford, TF2

 

Ravenhill Drive, Ketley Bank, Telford, TF2 Map

Estimated Price: £120,534
Average Asking Price: £171,231
Price change in last one year: £5,138
Average Price Paid: £114,108
Average Rent Rates: £1,553

 

Property Prices Breakdown in Ravenhill Drive, Ketley Bank, Telford, TF2

Average Price for property in Ravenhill Drive, Ketley Bank, Telford, TF2 is around £120,534 which varies based on type of property you are interested in and ranges from £171,354 for detached house to around £112,911 for semi-detached. Values have been changing and have risen £486 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,182 in last 6 months, £5,138 in last 1 year, £9,233 in last 2 years, £12,010 in last 3 years, £11,325 in last 4 years and £11,438 in last 5 years.

Currently average asking price of a property in Ravenhill Drive, Ketley Bank, Telford, TF2 is around £171,231 based on approximately 1 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £1,553 per month.

Estimated property value in Ravenhill Drive, Ketley Bank, Telford, TF2 is £120,534. Average asking price is £171,231 while average price paid is £109,000 which is up by £5,138 and Avg. asking rent £1,553.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 Ravenhill Drive, Ketley Bank, Telford, TF2 area. In last 1 year alone average price buyer paid is around £109,000 based on approximately 1 sales in Ravenhill Drive, Ketley Bank, Telford, TF2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £114,108. 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 £114,108 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £114,108 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 £82,498, £123,669 for a 2 bedroom house, £154,388 for a 3 bedroom house, £230,320 for a 4 bedroom house and £322,638 for a 5 bedroom house. For a flat similarly the prices varies from £79,965 for a single bedroom to £94,985 for a 2 bedroom Flat. To sum up the asking prices for properties in Ravenhill Drive, Ketley Bank, Telford, TF2 it comes to around average £81,412 for 1 bedroom property, £118,948 for 2 bedroom, £154,388 for 3 bedroom, £230,320 for 4 bedroom and £322,638 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 £403 for 1 bedroom to £554 for 2 bedrooms, £632 for 3 bedrooms, £915 for 4 bedrooms and £1,424 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £489. You should be generally be expecting around average £414 rent per month for single bedroom property, £533 for 2 bedroom, £632 for 3 bedroom, £915 for 4 bedroom and approximately £1,424 for a 5 bedroom property in Ravenhill Drive, Ketley Bank, Telford, TF2 area.

Popular Houses in Ravenhill Drive, Ketley Bank, Telford, TF2

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 Ravenhill Drive, Ketley Bank, Telford, TF2