Richmond Road, Bewdley, DY12

Street Guide For Richmond Road, Bewdley, DY12

 

Richmond Road, Bewdley, DY12 Map

Estimated Price: £174,646
Average Asking Price: £353,723
Price change in last one year: £7,151
Average Price Paid: £143,619
Average Rent Rates: £576

 

Property Prices Breakdown in Richmond Road, Bewdley, DY12

Average Price for property in Richmond Road, Bewdley, DY12 is around £174,646 which varies based on type of property you are interested in and ranges from £240,092 for detached house to around £161,770 for semi-detached. Similarly terraced house is around £159,186 and a flat is worth £117,656. Values have been changing and have risen £789 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,134 in last 6 months, £7,151 in last 1 year, £11,493 in last 2 years, £14,063 in last 3 years, £6,898 in last 4 years and £8,543 in last 5 years.

Currently average asking price of a property in Richmond Road, Bewdley, DY12 is around £353,723 based on approximately 5 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £576 per month.

Estimated property value in Richmond Road, Bewdley, DY12 is £174,646. Average asking price is £353,723 while average price paid is £145,300 which is up by £7,151 and Avg. asking rent £576.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 Richmond Road, Bewdley, DY12 area. In last 1 year alone average price buyer paid is around £145,300 based on approximately 5 sales in Richmond Road, Bewdley, DY12 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £143,791. 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 £143,619 for 21 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £137,981 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 £105,000, £167,660 for a 2 bedroom house, £270,200 for a 3 bedroom house, £441,554 for a 4 bedroom house and £886,250 for a 5 bedroom house. For a flat similarly the prices varies from £94,975 for a single bedroom to £105,000 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £119,950. To sum up the asking prices for properties in Richmond Road, Bewdley, DY12 it comes to around average £98,317 for 1 bedroom property, £164,676 for 2 bedroom, £264,190 for 3 bedroom, £441,554 for 4 bedroom and £886,250 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 £433 for 1 bedroom to £624 for 2 bedroom, £663 for 3 bedroom and £1,200 for 4 bedroom. 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 £549 and £490 for 3 bedroom. You should be generally be expecting around average £401 rent per month for single bedroom property, £574 for 2 bedroom, £605 for 3 bedroom and approximately £1,200 for 4 bedroom property in Richmond Road, Bewdley, DY12 area.

Popular Houses in Richmond Road, Bewdley, DY12

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 Richmond Road, Bewdley, DY12