Walsall Road, West Bromwich, B71

Street Guide For Walsall Road, West Bromwich, B71

 

Walsall Road, West Bromwich, B71 Map

Estimated Price: £157,317
Average Asking Price: £149,062
Price change in last one year: £9,656
Average Price Paid: £119,678
Average Rent Rates: £607

 

Property Prices Breakdown in Walsall Road, West Bromwich, B71

Average Price for property in Walsall Road, West Bromwich, B71 is around £157,317 which varies based on type of property you are interested in and ranges from £256,694 for detached house to around £148,823 for semi-detached. Similarly terraced house is around £129,434 and a flat is worth £187,120. Values have been changing and have risen £1,038 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,306 in last 6 months, £9,656 in last 1 year, £17,475 in last 2 years, £16,053 in last 3 years, £14,416 in last 4 years and £14,101 in last 5 years.

Currently average asking price of a property in Walsall Road, West Bromwich, B71 is around £149,062 based on approximately 3 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Walsall Road, West Bromwich, B71 is £157,317. Average asking price is £149,062 while average price paid is £142,833 which is up by £9,656 and Avg. asking rent £607.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 Road, West Bromwich, B71 area. In last 1 year alone average price buyer paid is around £142,833 based on approximately 3 sales in Walsall Road, West Bromwich, B71 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £117,941. 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 £119,678 for 28 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £121,588 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 £114,867, £143,910 for a 3 bedroom house, £207,000 for a 4 bedroom house and £258,322 for a 5 bedroom house. For a flat similarly the prices varies from £53,648 for a single bedroom to £92,829 for a 2 bedroom Flat. To sum up the asking prices for properties in Walsall Road, West Bromwich, B71 it comes to around average £53,648 for 1 bedroom property, £106,853 for 2 bedroom, £143,910 for 3 bedroom, £207,000 for 4 bedroom and £258,322 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 £340 for 1 bedroom to £571 for 2 bedroom, £599 for 3 bedroom and £1,248 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497, £572 for 3 bedroom and £429 for 4 bedroom. You should be generally be expecting around average £354 rent per month for single bedroom property, £520 for 2 bedroom, £596 for 3 bedroom, £429 for 4 bedroom and approximately £1,248 for a 5 bedroom property in Walsall Road, West Bromwich, B71 area.

Popular Houses in Walsall Road, West Bromwich, B71

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 Walsall Road, West Bromwich, B71