Tom Morgan Close, Lawley Village, Telford, TF4

Street Guide For Tom Morgan Close, Lawley Village, Telford, TF4

 

Tom Morgan Close, Lawley Village, Telford, TF4 Map

Estimated Price: £162,190
Average Asking Price: £181,624
Price change in last one year: £5,195
Average Price Paid: £135,875
Average Rent Rates: £632

 

Property Prices Breakdown in Tom Morgan Close, Lawley Village, Telford, TF4

Average Price for property in Tom Morgan Close, Lawley Village, Telford, TF4 is around £162,190 which varies based on type of property you are interested in and ranges from £187,041 for detached house to around £153,275 for semi-detached. Similarly terraced house is around £156,839 and a flat is worth £143,267. Values have been changing and have risen £713 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,323 in last 6 months, £5,195 in last 1 year, £13,454 in last 2 years, £14,972 in last 3 years, £14,626 in last 4 years and £16,338 in last 5 years.

Currently average asking price of a property in Tom Morgan Close, Lawley Village, Telford, TF4 is around £181,624 based on approximately 3 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 Tom Morgan Close, Lawley Village, Telford, TF4 is £162,190. Average asking price is £181,624 while average price paid is £144,833 which is up by £5,195 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 Tom Morgan Close, Lawley Village, Telford, TF4 area. In last 1 year alone average price buyer paid is around £144,833 based on approximately 3 sales in Tom Morgan Close, Lawley Village, Telford, TF4 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £136,111. 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 £135,875 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £138,366 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 Tom Morgan Close, Lawley Village, 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 £540 for 2 bedrooms, £652 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 £506. You should be generally be expecting around average £385 rent per month for single bedroom property, £528 for 2 bedroom, £652 for 3 bedroom, £1,040 for 4 bedroom and approximately £1,798 for a 5 bedroom property in Tom Morgan Close, Lawley Village, Telford, TF4 area.

Popular Houses in Tom Morgan Close, Lawley Village, 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 Tom Morgan Close, Lawley Village, Telford, TF4