Speeds Lane, Broseley, TF12

Street Guide For Speeds Lane, Broseley, TF12

 

Speeds Lane, Broseley, TF12 Map

Estimated Price: £228,222
Average Asking Price: £265,473
Price change in last one year: £8,264
Average Price Paid: £200,833
Average Rent Rates: £638

 

Property Prices Breakdown in Speeds Lane, Broseley, TF12

Average Price for property in Speeds Lane, Broseley, TF12 is around £228,222 which varies based on type of property you are interested in and ranges from £341,820 for detached house to around £171,424 for terraced house. Values have been changing and have risen £712 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,250 in last 6 months, £8,264 in last 1 year, £16,024 in last 2 years, £21,578 in last 3 years, £21,036 in last 4 years and £18,710 in last 5 years.

Currently average asking price of a property in Speeds Lane, Broseley, TF12 is around £265,473 based on approximately 0 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £638 per month.

Estimated property value in Speeds Lane, Broseley, TF12 is £228,222. Average asking price is £265,473 while average price paid is £227,500 which is up by £21,578 and Avg. asking rent £638.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 Speeds Lane, Broseley, TF12 area. In last 3 years alone average price buyer paid is around £227,500 based on approximately 2 sales in Speeds Lane, Broseley, TF12 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £200,833. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £200,833 for 3 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 £119,950, £137,550 for a 2 bedroom house, £194,283 for a 3 bedroom house, £328,256 for a 4 bedroom house and £351,667 for a 5 bedroom house. To sum up the asking prices for properties in Speeds Lane, Broseley, TF12 it comes to around average £119,950 for 1 bedroom property, £137,550 for 2 bedroom, £194,283 for 3 bedroom, £328,256 for 4 bedroom and £351,667 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 £602 for 1 bedroom to £573 for 2 bedroom, £600 for 3 bedroom and £1,125 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £485. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £620. You should be generally be expecting around average £524 rent per month for single bedroom property, £585 for 2 bedroom, £600 for 3 bedroom and approximately £1,124 for 5 bedroom property in Speeds Lane, Broseley, TF12 area.

Popular Houses in Speeds Lane, Broseley, TF12

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 Speeds Lane, Broseley, TF12