Wellhouse Lane, Mirfield, WF14

Street Guide For Wellhouse Lane, Mirfield, WF14

 

Wellhouse Lane, Mirfield, WF14 Map

Estimated Price: £162,792
Average Asking Price: £218,161
Price change in last one year: £6,957
Average Price Paid: £131,153
Average Rent Rates: £528

 

Property Prices Breakdown in Wellhouse Lane, Mirfield, WF14

Average Price for property in Wellhouse Lane, Mirfield, WF14 is around £162,792 which varies based on type of property you are interested in and ranges from £224,189 for detached house to around £172,634 for semi-detached. Similarly terraced house is around £126,236 and a flat is worth £112,645. Values have been changing and have risen £521 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,241 in last 6 months, £6,957 in last 1 year, £11,378 in last 2 years, £15,214 in last 3 years, £8,628 in last 4 years and £5,131 in last 5 years.

Currently average asking price of a property in Wellhouse Lane, Mirfield, WF14 is around £218,161 based on approximately 2 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £528 per month.

Estimated property value in Wellhouse Lane, Mirfield, WF14 is £162,792. Average asking price is £218,161 while average price paid is £103,750 which is up by £6,957 and Avg. asking rent £528.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 Wellhouse Lane, Mirfield, WF14 area. In last 1 year alone average price buyer paid is around £103,750 based on approximately 2 sales in Wellhouse Lane, Mirfield, WF14 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £119,125. 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 £131,153 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £131,375 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 £69,975, £140,656 for a 2 bedroom house, £188,183 for a 3 bedroom house, £262,461 for a 4 bedroom house and £522,536 for a 5 bedroom house. For a flat similarly the prices varies from £111,665 for a single bedroom to £150,037 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £244,995 and £125,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wellhouse Lane, Mirfield, WF14 it comes to around average £94,989 for 1 bedroom property, £144,509 for 2 bedroom, £190,805 for 3 bedroom, £259,962 for 4 bedroom and £522,536 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 £351 for 1 bedroom to £528 for 2 bedroom, £623 for 3 bedroom and £833 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £368. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £559. You should be generally be expecting around average £364 rent per month for single bedroom property, £532 for 2 bedroom, £623 for 3 bedroom and approximately £833 for 4 bedroom property in Wellhouse Lane, Mirfield, WF14 area.

Popular Houses in Wellhouse Lane, Mirfield, WF14

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 Wellhouse Lane, Mirfield, WF14