The Grove, Wednesfield, Wolverhampton, WV11

Street Guide For The Grove, Wednesfield, Wolverhampton, WV11

 

The Grove, Wednesfield, Wolverhampton, WV11 Map

Estimated Price: £152,191
Average Asking Price: £158,872
Price change in last one year: £5,099
Average Price Paid: £121,950
Average Rent Rates: £687

 

Property Prices Breakdown in The Grove, Wednesfield, Wolverhampton, WV11

Average Price for property in The Grove, Wednesfield, Wolverhampton, WV11 is around £152,191 which varies based on type of property you are interested in and ranges from £157,741 for detached house to around £159,494 for semi-detached. Similarly terraced house is around £108,376. Values have been changing and have risen £584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,268 in last 6 months, £5,099 in last 1 year, £11,219 in last 2 years, £13,138 in last 3 years, £9,555 in last 4 years and £10,119 in last 5 years.

Currently average asking price of a property in The Grove, Wednesfield, Wolverhampton, WV11 is around £158,872 based on approximately 1 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £687 per month.

Estimated property value in The Grove, Wednesfield, Wolverhampton, WV11 is £152,191. Average asking price is £158,872 while average price paid is £121,950 which is up by £5,099 and Avg. asking rent £687.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, Wednesfield, Wolverhampton, WV11 area. In last 1 year alone average price buyer paid is around £121,950 based on approximately 1 sales in The Grove, Wednesfield, Wolverhampton, WV11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £121,950. 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 £121,950 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £121,950 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 £93,995, £117,078 for a 2 bedroom house, £149,066 for a 3 bedroom house, £238,051 for a 4 bedroom house and £350,624 for a 5 bedroom house. For a flat similarly the prices varies from £71,990 for a single bedroom to £72,926 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £79,995. To sum up the asking prices for properties in The Grove, Wednesfield, Wolverhampton, WV11 it comes to around average £75,658 for 1 bedroom property, £108,493 for 2 bedroom, £148,290 for 3 bedroom, £238,051 for 4 bedroom and £350,624 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 £273 for 1 bedroom to £578 for 2 bedrooms, £572 for 3 bedrooms, £708 for 4 bedrooms and £750 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £408. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £485. You should be generally be expecting around average £396 rent per month for single bedroom property, £552 for 2 bedroom, £572 for 3 bedroom, £708 for 4 bedroom and approximately £750 for a 5 bedroom property in The Grove, Wednesfield, Wolverhampton, WV11 area.

Popular Houses in The Grove, Wednesfield, Wolverhampton, WV11

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, Wednesfield, Wolverhampton, WV11