Area Guide For Broseley

Broseley is a residential community in Shropshire, England, with a populace of 4,912 (2001 registration). The River Severn streams to the north and east of the town. The main iron extension on the planet was implicit 1779 over the Severn, connecting Broseley with Coalbrookdale and Madeley. This was a piece of the early mechanical improvement in the Ironbridge Gorge, which is presently piece of a World Heritage Site. In 1600, the town of Broseley comprised of just 27 houses and was a piece of the Shirlett Royal Forest. The zone was known for mining; a portion of the stone used to fabricate Buildwas Abbey was taken from Broseley and there is confirmation that wooden wagonways existed in Broseley in 1605 [1], giving Broseley a genuine case to the most established tracks in Britain. The wagonways were in all likelihood built for the vehicle of coal and dirt and it was these assets that prompted the enormous development of the town amid the Industrial Revolution.


Broseley Map

Estimated Price: £202,045
Average Asking Price: £265,473
Price change in last one year: £4,705
Average Price Paid: £176,549
Average Rent Rates: £638


Property Prices Breakdown in Broseley

Average Price for property in Broseley is around £202,045 which varies based on type of property you are interested in and ranges from £257,439 for detached house to around £166,780 for semi-detached. Similarly terraced house is around £160,783 and a flat is worth £115,482. Values have been changing and have risen £368 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £790 in last 6 months, £4,705 in last 1 year, £15,140 in last 2 years, £19,784 in last 3 years, £19,407 in last 4 years and £12,859 in last 5 years.

Currently average asking price of a property in Broseley is around £265,473 based on approximately 53 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £638 per month.

Estimated property value in Broseley is £202,045. Average asking price is £265,473 while average price paid is £177,226 which is up by £4,705 and Avg. asking rent £638.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 Broseley area. In last 1 year alone average price buyer paid is around £177,226 based on approximately 53 sales in Broseley area alone. If you compare it to last 3 years sales of 162 properties where buyers paid around £177,695. 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 £176,549 for 260 and average amount paid for purchase of approx. 351 properties sold in last 7 years comes to about £174,968 per sale.


Properties For Sale in Broseley


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 £119,950, £137,550 for a 2 bedroom house, £194,283 for a 3 bedroom house, £328,256 for a 4 bedroom house and £351,667 for a 5 bedroom house. To sum up the asking prices for properties in Broseley it comes to around average £119,950 for 1 bedroom property, £137,550 for 2 bedroom, £194,283 for 3 bedroom, £328,256 for 4 bedroom and £351,667 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 £602 for 1 bedroom to £573 for 2 bedroom, £600 for 3 bedroom and £1,125 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £485. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £620. You should be generally be expecting around average £524 rent per month for single bedroom property, £585 for 2 bedroom, £600 for 3 bedroom and approximately £1,124 for 5 bedroom property in Broseley area.

Popular Houses in Broseley

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.

Sold Properties in Broseley

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