Redstone Drive, Highley, Bridgnorth, WV16

Street Guide For Redstone Drive, Highley, Bridgnorth, WV16

 

Redstone Drive, Highley, Bridgnorth, WV16 Map

Estimated Price: £236,712
Average Asking Price: £241,266
Price change in last one year: £5,527
Average Price Paid: £189,464
Average Rent Rates: £602

 

Property Prices Breakdown in Redstone Drive, Highley, Bridgnorth, WV16

Average Price for property in Redstone Drive, Highley, Bridgnorth, WV16 is around £236,712 which varies based on type of property you are interested in and ranges from £245,847 for detached house to around £191,812 for semi-detached. Similarly terraced house is around £202,808. Values have been changing and have risen £386 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,557 in last 6 months, £5,527 in last 1 year, £20,072 in last 2 years, £22,364 in last 3 years, £19,775 in last 4 years and £17,206 in last 5 years.

Currently average asking price of a property in Redstone Drive, Highley, Bridgnorth, WV16 is around £241,266 based on approximately 1 properties for sale. Same is the case with rental options based on 34 properties up for rent, average asking rent is around £602 per month.

Estimated property value in Redstone Drive, Highley, Bridgnorth, WV16 is £236,712. Average asking price is £241,266 while average price paid is £180,000 which is up by £5,527 and Avg. asking rent £602.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 Redstone Drive, Highley, Bridgnorth, WV16 area. In last 1 year alone average price buyer paid is around £180,000 based on approximately 1 sales in Redstone Drive, Highley, Bridgnorth, WV16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £197,750. 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 £189,464 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £184,125 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 £238,990, £127,453 for a 2 bedroom house, £224,161 for a 3 bedroom house, £366,885 for a 4 bedroom house and £490,000 for a 5 bedroom house. For a flat similarly the prices varies from £113,164 for a single bedroom to £142,880 for a 2 bedroom Flat. To sum up the asking prices for properties in Redstone Drive, Highley, Bridgnorth, WV16 it comes to around average £165,592 for 1 bedroom property, £129,334 for 2 bedroom, £224,161 for 3 bedroom, £366,885 for 4 bedroom and £490,000 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 £425 for 1 bedroom to £564 for 2 bedrooms, £725 for 3 bedrooms, £975 for 4 bedrooms and £2,002 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £386. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £480 and £542 for 3 bedroom. You should be generally be expecting around average £399 rent per month for single bedroom property, £525 for 2 bedroom, £672 for 3 bedroom, £975 for 4 bedroom and approximately £2,002 for a 5 bedroom property in Redstone Drive, Highley, Bridgnorth, WV16 area.

Popular Houses in Redstone Drive, Highley, Bridgnorth, WV16

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 Redstone Drive, Highley, Bridgnorth, WV16