Willenhall

Area Guide For Willenhall

Willenhall is a medium measured town operating at a profit Country region of the West Midlands of England, with a populace of roughly 40,000. It is arranged in the middle of Wolverhampton and Walsall, truly in the district of Staffordshire. It lies upon the River Tame. The urban area of Willenhall (built by the Local Government Act 1894) was apportioned in 1966 between the province districts of Walsall and Wolverhampton (since 1974 the metropolitan precincts of Walsall and Wolverhampton). The northern outskirt of Willenhall has dependably been abutting green cinch land, in spite of the fact that Willenhall has extended such a great amount in the most recent 100 years that its northern fringe has been moved by around two miles. This is for the most part because of lodging advancements in the Short Heath and New Invention zones. The town is verifiably celebrated for the production of locks and keys. As right on time as 1770 Willenhall contained 148 gifted locksmiths and its escutcheon reflects the criticalness of this industry to its growth. Its witticism is "Salus Populi Suprema Lex" - The welfare of the individuals is the most noteworthy law.

 
 

Willenhall Map

Estimated Price: £135,991
Average Asking Price: £138,608
Price change in last one year: £13,453
Average Price Paid: £115,434
Average Rent Rates: £803

 
 

Property Prices Breakdown in Willenhall

Average Price for property in Willenhall is around £135,991 which varies based on type of property you are interested in and ranges from £203,433 for detached house to around £131,632 for semi-detached. Similarly terraced house is around £106,168 and a flat is worth £91,622. Values have been changing and have risen £1,207 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,470 in last 6 months, £13,453 in last 1 year, £19,118 in last 2 years, £22,004 in last 3 years, £18,290 in last 4 years and £14,290 in last 5 years.

Currently average asking price of a property in Willenhall is around £138,608 based on approximately 393 properties for sale. Same is the case with rental options based on 115 properties up for rent, average asking rent is around £803 per month.

Estimated property value in Willenhall is £135,991. Average asking price is £138,608 while average price paid is £124,808 which is up by £13,453 and Avg. asking rent £803.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 Willenhall area. In last 1 year alone average price buyer paid is around £124,808 based on approximately 393 sales in Willenhall area alone. If you compare it to last 3 years sales of 1,101 properties where buyers paid around £117,710. 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 £115,434 for 1,877 and average amount paid for purchase of approx. 2,608 properties sold in last 7 years comes to about £116,114 per sale.

 
 

Properties For Sale in Willenhall

 
 

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 £65,000, £108,726 for a 2 bedroom house, £135,100 for a 3 bedroom house, £209,173 for a 4 bedroom house and £235,538 for a 5 bedroom house. For a flat similarly the prices varies from £66,488 for a single bedroom to £79,059 for a 2 bedroom Flat. To sum up the asking prices for properties in Willenhall it comes to around average £66,190 for 1 bedroom property, £101,817 for 2 bedroom, £135,100 for 3 bedroom, £209,173 for 4 bedroom and £235,538 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 £570 for 1 bedroom to £508 for 2 bedrooms, £616 for 3 bedrooms, £736 for 4 bedrooms and £851 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £393. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £450 and £498 for 3 bedroom. You should be generally be expecting around average £419 rent per month for single bedroom property, £476 for 2 bedroom, £613 for 3 bedroom, £736 for 4 bedroom and approximately £851 for a 5 bedroom property in Willenhall area.

Popular Houses in Willenhall

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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