Rugeley

Area Guide For Rugeley

Rugeley is a notable business town in the area of Staffordshire, England. It lies on the north-eastern edge of Cannock Chase alongside the River Trent, and is arranged between the towns of Stafford, Cannock, Lichfield and Uttoxeter. The populace at the 2001 statistics was 22,724 (counting the Brereton and Etchinghill wards). The town, verifiably known as Rudgeley or Ridgeley, is recorded in the Domesday Book. This name is thought to be gotten from 'Edge lee', or 'the slope over the field'. In the medieval period, it flourished with iron workings and was likewise a site of glass assembling. Amid the Industrial Revolution the economy of Rugeley profited from the development of the Trent and Mersey Canal and after that from it turning into an intersection on the line system. The real streets into Rugeley are the A460 from Cannock, and the A51 Lichfield to Stone. Another eastern detour was opened in 2007 to encourage the advancement of new work ranges on the previous colliery site, and to decrease clogging in the town focus.

 
 

Rugeley Map

Estimated Price: £195,012
Average Asking Price: £335,244
Price change in last one year: £2,361
Average Price Paid: £173,289
Average Rent Rates: £766

 
 

Property Prices Breakdown in Rugeley

Average Price for property in Rugeley is around £195,012 which varies based on type of property you are interested in and ranges from £290,442 for detached house to around £147,600 for semi-detached. Similarly terraced house is around £132,755 and a flat is worth £109,799. Values have been changing and have risen £1,921 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,908 in last 6 months, £2,361 in last 1 year, £17,430 in last 2 years, £18,209 in last 3 years, £14,836 in last 4 years and £18,220 in last 5 years.

Currently average asking price of a property in Rugeley is around £335,244 based on approximately 512 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £766 per month.

Estimated property value in Rugeley is £195,012. Average asking price is £335,244 while average price paid is £175,177 which is up by £2,361 and Avg. asking rent £766.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 Rugeley area. In last 1 year alone average price buyer paid is around £175,177 based on approximately 512 sales in Rugeley area alone. If you compare it to last 3 years sales of 1,459 properties where buyers paid around £175,219. 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 £173,289 for 2,144 and average amount paid for purchase of approx. 2,780 properties sold in last 7 years comes to about £172,935 per sale.

 
 

Properties For Sale in Rugeley

 
 

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 2 bedroom is around £156,461, £242,247 for a 3 bedroom house, £386,450 for a 4 bedroom house and £627,660 for a 5 bedroom house. For a flat the prices of 2 bedroom is £108,992. To sum up the asking prices for properties in Rugeley it comes to around average £145,507 for 2 bedroom property, £242,247 for 3 bedroom, £386,450 for 4 bedroom and £627,660 for 5 bedroom.

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 £416 for 1 bedroom to £624 for 2 bedroom, £659 for 3 bedroom and £875 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594. You should be generally be expecting around average £425 rent per month for single bedroom property, £620 for 2 bedroom, £659 for 3 bedroom and approximately £876 for 4 bedroom property in Rugeley area.

Popular Houses in Rugeley

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.

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