Values have been changing and have risen £21 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,356 in last 6 months, £4,525 in last 1 year, £8,920 in last 2 years, £8,855 in last 3 years, £5,106 in last 4 years and £2,177 in last 5 years.
Currently average asking price of a property in Springfield Grove, Sedgley, Dudley, DY3 is around £150,445 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £561 per month.
Estimated property value in Springfield Grove, Sedgley, Dudley, DY3 is £109,571. Average asking price is £150,445 while average price paid is £63,500 which is up by £4,525 and Avg. asking rent £561.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 Springfield Grove, Sedgley, Dudley, DY3 area. In last 1 year alone average price buyer paid is around £63,500 based on approximately 1 sales in Springfield Grove, Sedgley, Dudley, DY3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £91,875. 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 £88,500 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £88,500 per sale.