Watling Street, Mile Oak, Tamworth, B78

Street Guide For Watling Street, Mile Oak, Tamworth, B78

 

Watling Street, Mile Oak, Tamworth, B78 Map

Estimated Price: £175,959
Average Asking Price: £257,566
Price change in last one year: £11,574
Average Price Paid: £139,658
Average Rent Rates: £3,787

 

Property Prices Breakdown in Watling Street, Mile Oak, Tamworth, B78

Average Price for property in Watling Street, Mile Oak, Tamworth, B78 is around £175,959 which varies based on type of property you are interested in and ranges from £302,320 for detached house to around £139,539 for semi-detached. Similarly terraced house is around £141,205. Values have been changing and have risen £595 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,502 in last 6 months, £11,574 in last 1 year, £19,902 in last 2 years, £20,558 in last 3 years, £17,548 in last 4 years and £18,152 in last 5 years.

Currently average asking price of a property in Watling Street, Mile Oak, Tamworth, B78 is around £257,566 based on approximately 2 properties for sale. Same is the case with rental options based on 18 properties up for rent, average asking rent is around £3,787 per month.

Estimated property value in Watling Street, Mile Oak, Tamworth, B78 is £175,959. Average asking price is £257,566 while average price paid is £185,000 which is up by £11,574 and Avg. asking rent £3,787.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 Watling Street, Mile Oak, Tamworth, B78 area. In last 1 year alone average price buyer paid is around £185,000 based on approximately 2 sales in Watling Street, Mile Oak, Tamworth, B78 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £152,990. 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 £139,658 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £149,045 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 1 bedroom is around £99,564, £194,819 for a 2 bedroom house, £230,938 for a 3 bedroom house, £359,645 for a 4 bedroom house and £550,544 for a 5 bedroom house. For a flat similarly the prices varies from £93,550 for a single bedroom to £107,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Watling Street, Mile Oak, Tamworth, B78 it comes to around average £96,357 for 1 bedroom property, £188,797 for 2 bedroom, £230,938 for 3 bedroom, £359,645 for 4 bedroom and £550,544 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 £750 for 1 bedroom to £612 for 2 bedroom, £731 for 3 bedroom and £1,900 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £465. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £750. You should be generally be expecting around average £536 rent per month for single bedroom property, £640 for 2 bedroom, £731 for 3 bedroom and approximately £1,900 for 4 bedroom property in Watling Street, Mile Oak, Tamworth, B78 area.

Popular Houses in Watling Street, Mile Oak, Tamworth, B78

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 Watling Street, Mile Oak, Tamworth, B78