The Grove, Burntwood, WS7

Street Guide For The Grove, Burntwood, WS7

 

The Grove, Burntwood, WS7 Map

Estimated Price: £244,824
Average Asking Price: £213,044
Price change in last one year: £17,897
Average Price Paid: £234,950
Average Rent Rates: £740

 

Property Prices Breakdown in The Grove, Burntwood, WS7

Average Price for property in The Grove, Burntwood, WS7 is around £244,824 e.g. average price for detached house is around 244,824. Values have been changing and have risen £2,262 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,412 in last 6 months, £17,897 in last 1 year, £25,769 in last 2 years, £30,399 in last 3 years, £25,009 in last 4 years and £23,057 in last 5 years.

Currently average asking price of a property in The Grove, 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 The Grove, Burntwood, WS7 is £244,824. Average asking price is £213,044 while average price paid is £234,950 which is up by £23,057 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 The Grove, Burntwood, WS7 area. In last 5 years alone average price buyer paid is around £234,950 based on approximately 1 sales in The Grove, Burntwood, WS7 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £234,950.

 
 

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 £149,400, £179,357 for a 3 bedroom house, £307,649 for a 4 bedroom house and £418,000 for a 5 bedroom house. For a flat similarly the prices varies from £109,930 for a 2 bedroom to £249,950 for a 3 bedroom Flat. To sum up the asking prices for properties in The Grove, Burntwood, WS7 it comes to around average £142,352 for 2 bedroom property, £180,251 for 3 bedroom, £307,649 for 4 bedroom and £418,000 for 5 bedroom.

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 £679 for 2 bedroom to £658 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £500 and £598 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £554 for 2 bedroom and approximately £653 for 3 bedroom property in The Grove, Burntwood, WS7 area.

Popular Houses in The Grove, Burntwood, WS7

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 The Grove, Burntwood, WS7