Stirchley Lane, Telford, TF4

Street Guide For Stirchley Lane, Telford, TF4

 

Stirchley Lane, Telford, TF4 Map

Estimated Price: £217,060
Average Asking Price: £181,624
Price change in last one year: £6,952
Average Price Paid: £180,700
Average Rent Rates: £632

 

Property Prices Breakdown in Stirchley Lane, Telford, TF4

Average Price for property in Stirchley Lane, Telford, TF4 is around £217,060 e.g. average price for detached house is around 217,060. Values have been changing and have risen £954 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,770 in last 6 months, £6,952 in last 1 year, £18,004 in last 2 years, £20,034 in last 3 years, £19,568 in last 4 years and £21,858 in last 5 years.

Currently average asking price of a property in Stirchley Lane, Telford, TF4 is around £181,624 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £632 per month.

Estimated property value in Stirchley Lane, Telford, TF4 is £217,060. Average asking price is £181,624 while average price paid is £191,500 which is up by £6,952 and Avg. asking rent £632.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 Stirchley Lane, Telford, TF4 area. In last 1 year alone average price buyer paid is around £191,500 based on approximately 2 sales in Stirchley Lane, Telford, TF4 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £182,625. 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 £180,700 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £191,213 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 2 bedroom is around £133,502, £151,714 for a 3 bedroom house, £213,080 for a 4 bedroom house and £276,997 for a 5 bedroom house. For a flat similarly the prices varies from £85,000 for a single bedroom to £98,066 for a 2 bedroom Flat. To sum up the asking prices for properties in Stirchley Lane, Telford, TF4 it comes to around average £85,000 for 1 bedroom property, £118,877 for 2 bedroom, £151,714 for 3 bedroom, £213,080 for 4 bedroom and £276,997 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 £355 for 1 bedroom to £538 for 2 bedrooms, £654 for 3 bedrooms, £1,040 for 4 bedrooms and £1,798 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £444. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £508. You should be generally be expecting around average £385 rent per month for single bedroom property, £530 for 2 bedroom, £654 for 3 bedroom, £1,040 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Stirchley Lane, Telford, TF4 area.

Popular Houses in Stirchley Lane, Telford, TF4

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 Stirchley Lane, Telford, TF4