Walsall

Area Guide For Walsall

Walsall (About this sound elocution (help·info) is a vast mechanical town in the West Midlands of England. It is placed 8 miles north-west of the City of Birmingham and 6 miles east of the City of Wolverhampton. Truly a piece of Staffordshire, Walsall is a part region of the West Midlands conurbation, and a piece of the Black Country. Walsall is the managerial focus of the more extensive Metropolitan Borough of Walsall. At the 2011 enumeration, the town's manufactured up range had a populace of 67,594, with the more extensive precinct having a populace of 269,323. Neighboring settlements in the district incorporate Darlaston, Brownhills, Willenhall, Bloxwich, and Aldridge.

 
 

Walsall Map

Estimated Price: £168,525
Average Asking Price: £174,874
Price change in last one year: £10,292
Average Price Paid: £145,905
Average Rent Rates: £618

 
 

Property Prices Breakdown in Walsall

Average Price for property in Walsall is around £168,525 which varies based on type of property you are interested in and ranges from £276,719 for detached house to around £151,983 for semi-detached. Similarly terraced house is around £117,026 and a flat is worth £113,957. Values have been changing and have risen £2,003 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,967 in last 6 months, £10,292 in last 1 year, £17,271 in last 2 years, £23,353 in last 3 years, £19,176 in last 4 years and £15,363 in last 5 years.

Currently average asking price of a property in Walsall is around £174,874 based on approximately 1,873 properties for sale. Same is the case with rental options based on 400 properties up for rent, average asking rent is around £618 per month.

Estimated property value in Walsall is £168,525. Average asking price is £174,874 while average price paid is £157,067 which is up by £10,292 and Avg. asking rent £618.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 Walsall area. In last 1 year alone average price buyer paid is around £157,067 based on approximately 1,873 sales in Walsall area alone. If you compare it to last 3 years sales of 5,372 properties where buyers paid around £147,920. 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 £145,905 for 8,654 and average amount paid for purchase of approx. 12,132 properties sold in last 7 years comes to about £145,141 per sale.

 
 

Properties For Sale in Walsall

 
 

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 £205,621, £112,936 for a 2 bedroom house, £149,813 for a 3 bedroom house, £257,338 for a 4 bedroom house and £355,541 for a 5 bedroom house. For a flat similarly the prices varies from £76,414 for a single bedroom to £94,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £89,995. To sum up the asking prices for properties in Walsall it comes to around average £100,859 for 1 bedroom property, £106,116 for 2 bedroom, £149,695 for 3 bedroom, £257,338 for 4 bedroom and £355,541 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 £357 for 1 bedroom to £528 for 2 bedrooms, £590 for 3 bedrooms, £785 for 4 bedrooms and £615 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £428. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £525 and £550 for 3 bedroom. You should be generally be expecting around average £415 rent per month for single bedroom property, £526 for 2 bedroom, £588 for 3 bedroom, £785 for 4 bedroom and approximately £615 for a 5 bedroom property in Walsall area.

Popular Houses in Walsall

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.

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