Average Price for property in Rennison Drive, Wombourne, Wolverhampton, WV5 is around £231,171 which varies based on type of property you are interested in and ranges from £326,780 for detached house to around £209,549 for semi-detached. Similarly terraced house is around £237,939. Values have been changing and have risen £683 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,125 in last 6 months, £6,614 in last 1 year, £16,570 in last 2 years, £18,255 in last 3 years, £16,059 in last 4 years and £12,104 in last 5 years.
Currently average asking price of a property in Rennison Drive, Wombourne, Wolverhampton, WV5 is around £326,925 based on approximately 1 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 Rennison Drive, Wombourne, Wolverhampton, WV5 is £231,171. Average asking price is £326,925 while average price paid is £165,000 which is up by £6,614 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 Rennison Drive, Wombourne, Wolverhampton, WV5 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 1 sales in Rennison Drive, Wombourne, Wolverhampton, WV5 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £182,500. 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 £185,014 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £188,346 per sale.