Average Price for property in Spencer Drive, Chase Terrace, Burntwood, WS7 is around £182,837 which varies based on type of property you are interested in and ranges from £179,456 for detached house to around £151,207 for semi-detached. Similarly terraced house is around £163,359. Values have been changing and have risen £1,690 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,535 in last 6 months, £13,366 in last 1 year, £19,246 in last 2 years, £22,706 in last 3 years, £18,682 in last 4 years and £17,224 in last 5 years.
Currently average asking price of a property in Spencer Drive, Chase Terrace, Burntwood, WS7 is around £213,044 based on approximately 0 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £740 per month.
Estimated property value in Spencer Drive, Chase Terrace, Burntwood, WS7 is £182,837. Average asking price is £213,044 while average price paid is £140,000 which is up by £22,706 and Avg. asking rent £740.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 Spencer Drive, Chase Terrace, Burntwood, WS7 area. In last 3 years alone average price buyer paid is around £140,000 based on approximately 1 sales in Spencer Drive, Chase Terrace, Burntwood, WS7 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £140,000. 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 £130,000 for 2 per sale.