Severnside, Highley, Bridgnorth, WV16

Street Guide For Severnside, Highley, Bridgnorth, WV16

 

Severnside, Highley, Bridgnorth, WV16 Map

Estimated Price: £199,009
Average Asking Price: £241,266
Price change in last one year: £4,648
Average Price Paid: £119,993
Average Rent Rates: £602

 

Property Prices Breakdown in Severnside, Highley, Bridgnorth, WV16

Average Price for property in Severnside, Highley, Bridgnorth, WV16 is around £199,009 which varies based on type of property you are interested in and ranges from £212,878 for detached house to around £167,311 for terraced house. Values have been changing and have risen £325 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,310 in last 6 months, £4,648 in last 1 year, £16,877 in last 2 years, £18,805 in last 3 years, £16,632 in last 4 years and £14,474 in last 5 years.

Currently average asking price of a property in Severnside, Highley, Bridgnorth, WV16 is around £241,266 based on approximately 2 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 Severnside, Highley, Bridgnorth, WV16 is £199,009. Average asking price is £241,266 while average price paid is £129,000 which is up by £4,648 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 Severnside, Highley, Bridgnorth, WV16 area. In last 1 year alone average price buyer paid is around £129,000 based on approximately 2 sales in Severnside, Highley, Bridgnorth, WV16 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £117,158. 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 £119,993 for 8 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £121,661 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 Severnside, 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 Severnside, Highley, Bridgnorth, WV16 area.

Popular Houses in Severnside, 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 Severnside, Highley, Bridgnorth, WV16