Average Price for property in Ridge Lane, Wednesfield, Wolverhampton, WV11 is around £124,796 which varies based on type of property you are interested in and ranges from £161,650 for detached house to around £128,904 for semi-detached. Similarly terraced house is around £140,204 and a flat is worth £70,905. Values have been changing and have risen £479 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,859 in last 6 months, £4,183 in last 1 year, £9,203 in last 2 years, £10,778 in last 3 years, £7,841 in last 4 years and £8,305 in last 5 years.
Currently average asking price of a property in Ridge Lane, Wednesfield, Wolverhampton, WV11 is around £158,841 based on approximately 4 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £672 per month.
Estimated property value in Ridge Lane, Wednesfield, Wolverhampton, WV11 is £124,796. Average asking price is £158,841 while average price paid is £111,250 which is up by £4,183 and Avg. asking rent £672.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 Ridge Lane, Wednesfield, Wolverhampton, WV11 area. In last 1 year alone average price buyer paid is around £111,250 based on approximately 4 sales in Ridge Lane, Wednesfield, Wolverhampton, WV11 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £110,194. 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 £107,746 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £108,702 per sale.