St. Michaels Grove, Dudley, DY2

Street Guide For St. Michaels Grove, Dudley, DY2

 

St. Michaels Grove, Dudley, DY2 Map

Estimated Price: £186,417
Average Asking Price: £125,398
Price change in last one year: £10,174
Average Price Paid: £151,156
Average Rent Rates: £508

 

Property Prices Breakdown in St. Michaels Grove, Dudley, DY2

Average Price for property in St. Michaels Grove, Dudley, DY2 is around £186,417 which varies based on type of property you are interested in and ranges from £204,309 for detached house to around £166,290 for semi-detached. Values have been changing and have risen £1,044 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,571 in last 6 months, £10,174 in last 1 year, £18,009 in last 2 years, £18,726 in last 3 years, £12,129 in last 4 years and £9,712 in last 5 years.

Currently average asking price of a property in St. Michaels Grove, Dudley, DY2 is around £125,398 based on approximately 2 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £508 per month.

Estimated property value in St. Michaels Grove, Dudley, DY2 is £186,417. Average asking price is £125,398 while average price paid is £152,500 which is up by £10,174 and Avg. asking rent £508.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 St. Michaels Grove, Dudley, DY2 area. In last 1 year alone average price buyer paid is around £152,500 based on approximately 2 sales in St. Michaels Grove, Dudley, DY2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £146,166. 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 £151,156 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £151,156 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 £92,498, £99,383 for a 2 bedroom house, £126,632 for a 3 bedroom house, £191,616 for a 4 bedroom house and £200,000 for a 5 bedroom house. For a flat similarly the prices varies from £50,570 for a single bedroom to £124,709 for a 2 bedroom Flat. To sum up the asking prices for properties in St. Michaels Grove, Dudley, DY2 it comes to around average £62,549 for 1 bedroom property, £105,618 for 2 bedroom, £126,632 for 3 bedroom, £191,616 for 4 bedroom and £200,000 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 £327 for 1 bedroom to £504 for 2 bedrooms, £544 for 3 bedrooms, £692 for 4 bedrooms and £691 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £382. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £484. You should be generally be expecting around average £360 rent per month for single bedroom property, £497 for 2 bedroom, £544 for 3 bedroom, £692 for 4 bedroom and approximately £691 for a 5 bedroom property in St. Michaels Grove, Dudley, DY2 area.

Popular Houses in St. Michaels Grove, Dudley, DY2

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 St. Michaels Grove, Dudley, DY2