Wergs Road, Tettenhall, Wolverhampton, WV6

Street Guide For Wergs Road, Tettenhall, Wolverhampton, WV6

 

Wergs Road, Tettenhall, Wolverhampton, WV6 Map

Estimated Price: £510,101
Average Asking Price: £239,617
Price change in last one year: £7,343
Average Price Paid: £501,583
Average Rent Rates: £554

 

Property Prices Breakdown in Wergs Road, Tettenhall, Wolverhampton, WV6

Average Price for property in Wergs Road, Tettenhall, Wolverhampton, WV6 is around £510,101 which varies based on type of property you are interested in and ranges from £523,393 for detached house to around £407,091 for semi-detached. Similarly flat is around £318,746. Values have been changing and have risen £2,096 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,849 in last 6 months, £7,343 in last 1 year, £32,950 in last 2 years, £44,365 in last 3 years, £29,090 in last 4 years and £29,772 in last 5 years.

Currently average asking price of a property in Wergs Road, Tettenhall, Wolverhampton, WV6 is around £239,617 based on approximately 2 properties for sale. Same is the case with rental options based on 109 properties up for rent, average asking rent is around £554 per month.

Estimated property value in Wergs Road, Tettenhall, Wolverhampton, WV6 is £510,101. Average asking price is £239,617 while average price paid is £615,000 which is up by £7,343 and Avg. asking rent £554.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 Wergs Road, Tettenhall, Wolverhampton, WV6 area. In last 1 year alone average price buyer paid is around £615,000 based on approximately 2 sales in Wergs Road, Tettenhall, Wolverhampton, WV6 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £615,000. 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 £501,583 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £507,950 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 £102,500, £146,436 for a 2 bedroom house, £191,485 for a 3 bedroom house, £326,293 for a 4 bedroom house and £503,143 for a 5 bedroom house. For a flat similarly the prices varies from £86,254 for a single bedroom to £120,953 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £114,965. To sum up the asking prices for properties in Wergs Road, Tettenhall, Wolverhampton, WV6 it comes to around average £88,284 for 1 bedroom property, £140,611 for 2 bedroom, £189,822 for 3 bedroom, £326,293 for 4 bedroom and £503,143 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 £366 for 1 bedroom to £561 for 2 bedrooms, £605 for 3 bedrooms, £833 for 4 bedrooms and £1,185 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £401. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £494. You should be generally be expecting around average £388 rent per month for single bedroom property, £530 for 2 bedroom, £605 for 3 bedroom, £833 for 4 bedroom and approximately £1,185 for a 5 bedroom property in Wergs Road, Tettenhall, Wolverhampton, WV6 area.

Popular Houses in Wergs Road, Tettenhall, Wolverhampton, WV6

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 Wergs Road, Tettenhall, Wolverhampton, WV6