Upper Gungate, Tamworth, B79

Street Guide For Upper Gungate, Tamworth, B79

 

Upper Gungate, Tamworth, B79 Map

Estimated Price: £253,934
Average Asking Price: £255,201
Price change in last one year: £19,967
Average Price Paid: £180,333
Average Rent Rates: £1,175

 

Property Prices Breakdown in Upper Gungate, Tamworth, B79

Average Price for property in Upper Gungate, Tamworth, B79 is around £253,934 which varies based on type of property you are interested in and ranges from £326,032 for detached house to around £270,289 for semi-detached. Similarly terraced house is around £134,624 and a flat is worth £311,705. Values have been changing and have risen £1,900 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,872 in last 6 months, £19,967 in last 1 year, £33,870 in last 2 years, £31,803 in last 3 years, £30,124 in last 4 years and £30,329 in last 5 years.

Currently average asking price of a property in Upper Gungate, Tamworth, B79 is around £255,201 based on approximately 3 properties for sale. Same is the case with rental options based on 19 properties up for rent, average asking rent is around £1,175 per month.

Estimated property value in Upper Gungate, Tamworth, B79 is £253,934. Average asking price is £255,201 while average price paid is £159,666 which is up by £19,967 and Avg. asking rent £1,175.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 Upper Gungate, Tamworth, B79 area. In last 1 year alone average price buyer paid is around £159,666 based on approximately 3 sales in Upper Gungate, Tamworth, B79 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £188,500. 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 £180,333 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £173,500 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 £150,689, £189,039 for a 3 bedroom house, £418,600 for a 4 bedroom house and £378,985 for a 5 bedroom house. For a flat similarly the prices varies from £79,483 for a single bedroom to £124,428 for a 2 bedroom Flat. To sum up the asking prices for properties in Upper Gungate, Tamworth, B79 it comes to around average £79,483 for 1 bedroom property, £140,413 for 2 bedroom, £189,039 for 3 bedroom, £418,600 for 4 bedroom and £378,985 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 £609 for 2 bedroom to £665 for 3 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £568. You should be generally be expecting around average £591 rent per month for 2 bedroom property and approximately £665 for 3 bedroom property in Upper Gungate, Tamworth, B79 area.

Popular Houses in Upper Gungate, Tamworth, B79

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 Upper Gungate, Tamworth, B79