Somery Road, Dudley, DY1

Street Guide For Somery Road, Dudley, DY1

 

Somery Road, Dudley, DY1 Map

Estimated Price: £134,370
Average Asking Price: £132,370
Price change in last one year: £5,074
Average Price Paid: £115,892
Average Rent Rates: £662

 

Property Prices Breakdown in Somery Road, Dudley, DY1

Average Price for property in Somery Road, Dudley, DY1 is around £134,370 which varies based on type of property you are interested in and ranges from £138,340 for detached house to around £130,825 for semi-detached. Similarly terraced house is around £151,888. Values have been changing and have risen £170 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,048 in last 6 months, £5,074 in last 1 year, £11,437 in last 2 years, £11,252 in last 3 years, £7,071 in last 4 years and £5,516 in last 5 years.

Currently average asking price of a property in Somery Road, Dudley, DY1 is around £132,370 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £662 per month.

Estimated property value in Somery Road, Dudley, DY1 is £134,370. Average asking price is £132,370 while average price paid is £124,995 which is up by £5,074 and Avg. asking rent £662.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 Somery Road, Dudley, DY1 area. In last 1 year alone average price buyer paid is around £124,995 based on approximately 1 sales in Somery Road, Dudley, DY1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £114,686. 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 £115,892 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £117,030 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 £83,332, £104,760 for a 2 bedroom house, £130,023 for a 3 bedroom house, £219,727 for a 4 bedroom house and £223,250 for a 5 bedroom house. For a flat similarly the prices varies from £66,779 for a single bedroom to £85,457 for a 2 bedroom Flat. To sum up the asking prices for properties in Somery Road, Dudley, DY1 it comes to around average £72,986 for 1 bedroom property, £101,823 for 2 bedroom, £130,023 for 3 bedroom, £219,727 for 4 bedroom and £223,250 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 £535 for 2 bedroom to £571 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494. You should be generally be expecting around average £412 rent per month for single bedroom property, £523 for 2 bedroom and approximately £571 for 3 bedroom property in Somery Road, Dudley, DY1 area.

Popular Houses in Somery Road, Dudley, DY1

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 Somery Road, Dudley, DY1