Average Price for property in Vernon Close, Essington, Wolverhampton, WV11 is around £223,579 e.g. average price for detached house is around 223,579. Values have been changing and have risen £859 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,333 in last 6 months, £7,486 in last 1 year, £16,475 in last 2 years, £19,291 in last 3 years, £14,024 in last 4 years and £14,851 in last 5 years.
Currently average asking price of a property in Vernon Close, Essington, Wolverhampton, WV11 is around £159,193 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £704 per month.
Estimated property value in Vernon Close, Essington, Wolverhampton, WV11 is £223,579. Average asking price is £159,193 while average price paid is £230,000 which is up by £7,486 and Avg. asking rent £704.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 Vernon Close, Essington, Wolverhampton, WV11 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Vernon Close, Essington, Wolverhampton, WV11 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £230,000. 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 £201,000 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £197,000 per sale.