Area Guide For Wednesbury

Wednesbury is a business town in England's Black Country, a piece of the Sandwell metropolitan precinct in the West Midlands, close to the wellspring of the River Tame. At the 2011 Census the town has a populace of 37,817. During the Anglo-Saxon period there are accepted to have been two fights battled in Wednesbury, in 592 and 715. As per The Anglo-Saxon Chronicle there was "an awesome butcher" in 592 and "Ceawlin was determined out". Ceawlin was a ruler of Wessex and the second Bretwalda, or overlord of all Britain. The 715 fight was between Mercia (of which Wednesbury was part) and the kingdom of Wessex. Both sides supposedly asserted to have won the fight, in spite of the fact that it is accepted that the triumph slanted to Wessex.


Wednesbury Map

Estimated Price: £124,375
Average Asking Price: £127,995
Price change in last one year: £6,913
Average Price Paid: £106,626
Average Rent Rates: £708


Property Prices Breakdown in Wednesbury

Average Price for property in Wednesbury is around £124,375 which varies based on type of property you are interested in and ranges from £200,549 for detached house to around £124,013 for semi-detached. Similarly terraced house is around £107,897 and a flat is worth £93,347. Values have been changing and have risen £288 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £944 in last 6 months, £6,913 in last 1 year, £9,743 in last 2 years, £12,994 in last 3 years, £7,647 in last 4 years and £3,641 in last 5 years.

Currently average asking price of a property in Wednesbury is around £127,995 based on approximately 260 properties for sale. Same is the case with rental options based on 118 properties up for rent, average asking rent is around £708 per month.

Estimated property value in Wednesbury is £124,375. Average asking price is £127,995 while average price paid is £108,334 which is up by £6,913 and Avg. asking rent £708.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 Wednesbury area. In last 1 year alone average price buyer paid is around £108,334 based on approximately 260 sales in Wednesbury area alone. If you compare it to last 3 years sales of 863 properties where buyers paid around £106,057. 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 £106,626 for 1,530 and average amount paid for purchase of approx. 2,303 properties sold in last 7 years comes to about £109,389 per sale.


Properties For Sale in Wednesbury


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 £98,249, £117,010 for a 3 bedroom house, £176,609 for a 4 bedroom house and £309,999 for a 5 bedroom house. For a flat similarly the prices varies from £58,300 for a single bedroom to £81,090 for a 2 bedroom Flat. To sum up the asking prices for properties in Wednesbury it comes to around average £58,300 for 1 bedroom property, £92,734 for 2 bedroom, £117,010 for 3 bedroom, £176,609 for 4 bedroom and £309,999 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 £359 for 1 bedroom to £499 for 2 bedroom, £555 for 3 bedroom and £620 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £375. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £473 and £394 for 3 bedroom. You should be generally be expecting around average £367 rent per month for single bedroom property, £484 for 2 bedroom, £549 for 3 bedroom and approximately £620 for 4 bedroom property in Wednesbury area.

Popular Houses in Wednesbury

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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