Wood Lane, Hednesford, Cannock, WS12

Street Guide For Wood Lane, Hednesford, Cannock, WS12

 

Wood Lane, Hednesford, Cannock, WS12 Map

Estimated Price: £163,056
Average Asking Price: £193,473
Price change in last one year: £12,732
Average Price Paid: £181,000
Average Rent Rates: £575

 

Property Prices Breakdown in Wood Lane, Hednesford, Cannock, WS12

Average Price for property in Wood Lane, Hednesford, Cannock, WS12 is around £163,056 which varies based on type of property you are interested in and ranges from £181,304 for detached house to around £140,247 for semi-detached. Values have been changing and have risen £1,687 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,275 in last 6 months, £12,732 in last 1 year, £16,251 in last 2 years, £21,547 in last 3 years, £17,303 in last 4 years and £16,017 in last 5 years.

Currently average asking price of a property in Wood Lane, Hednesford, Cannock, WS12 is around £193,473 based on approximately 1 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Wood Lane, Hednesford, Cannock, WS12 is £163,056. Average asking price is £193,473 while average price paid is £150,000 which is up by £12,732 and Avg. asking rent £575.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 Wood Lane, Hednesford, Cannock, WS12 area. In last 1 year alone average price buyer paid is around £150,000 based on approximately 1 sales in Wood Lane, Hednesford, Cannock, WS12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £181,000. 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 £181,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £156,125 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 £160,612, £138,459 for a 2 bedroom house, £166,653 for a 3 bedroom house, £258,468 for a 4 bedroom house and £420,667 for a 5 bedroom house. For a flat similarly the prices varies from £69,931 for a single bedroom to £84,989 for a 2 bedroom Flat. To sum up the asking prices for properties in Wood Lane, Hednesford, Cannock, WS12 it comes to around average £100,158 for 1 bedroom property, £124,388 for 2 bedroom, £166,653 for 3 bedroom, £258,468 for 4 bedroom and £420,667 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 £546 for 2 bedroom to £703 for 3 bedroom, £819 for 4 bedroom and £793 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £482. You should be generally be expecting around average £425 rent per month for single bedroom property, £527 for 2 bedroom, £703 for 3 bedroom, £819 for 4 bedroom and approximately £793 for a 5 bedroom property in Wood Lane, Hednesford, Cannock, WS12 area.

Popular Houses in Wood Lane, Hednesford, Cannock, WS12

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 Wood Lane, Hednesford, Cannock, WS12