Area Guide For Burntwood

Burntwood is a town in Staffordshire, England, lying in the Cannock Chase area approximately 4 miles (6 km) west of Lichfield. The town had a population of 25,674 at the time of the 2001 census and forms part of Lichfield district. The town forms one of the largest urbanised parishes in England. Samuel Johnson opened an academy in nearby Edial in 1736. The town is home to the smallest park in the UK, Prince's park, which is located next to Christ Church on the junction of Farewell Lane and Church Road. The town expanded in the nineteenth century around the coal mining industry. Areas of Burntwood are Boney Hay, Chase Terrace, Chasetown, Gorstey Lea and Burntwood Green. Nearby places are Brownhills, Cannock, Cannock Wood, Norton Canes, Gentleshaw, Hammerwich and Lichfield. In September 2009 it was announced that a Burntwood man, Terry Herbert, had discovered a hoard of Saxon treasure with a metal detector in a field in the adjoining village of Hammerwich. Known as the Staffordshire Hoard, it is the largest hoard of Anglo-Saxon gold yet found.


Burntwood Map

Estimated Price: £185,674
Average Asking Price: £212,819
Price change in last one year: £14,287
Average Price Paid: £161,890
Average Rent Rates: £739


Property Prices Breakdown in Burntwood

Average Price for property in Burntwood is around £185,674 which varies based on type of property you are interested in and ranges from £261,434 for detached house to around £158,814 for semi-detached. Similarly terraced house is around £133,346 and a flat is worth £120,569. Values have been changing and have risen £1,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,783 in last 6 months, £14,287 in last 1 year, £20,775 in last 2 years, £18,695 in last 3 years, £16,579 in last 4 years and £17,181 in last 5 years.

Currently average asking price of a property in Burntwood is around £212,819 based on approximately 348 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £739 per month.

Estimated property value in Burntwood is £185,674. Average asking price is £212,819 while average price paid is £172,150 which is up by £14,287 and Avg. asking rent £739.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 Burntwood area. In last 1 year alone average price buyer paid is around £172,150 based on approximately 348 sales in Burntwood area alone. If you compare it to last 3 years sales of 946 properties where buyers paid around £163,659. 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 £161,890 for 1,452 and average amount paid for purchase of approx. 1,912 properties sold in last 7 years comes to about £162,016 per sale.


Properties For Sale in Burntwood


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 2 bedroom is around £146,053, £180,251 for a 3 bedroom house, £307,649 for a 4 bedroom house and £418,000 for a 5 bedroom house. For a flat the prices of 2 bedroom is £111,295. To sum up the asking prices for properties in Burntwood it comes to around average £139,226 for 2 bedroom property, £180,251 for 3 bedroom, £307,649 for 4 bedroom and £418,000 for 5 bedroom.

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 £679 for 2 bedroom to £655 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £500 and £598 for 3 bedroom. You should be generally be expecting around average £468 rent per month for single bedroom property, £549 for 2 bedroom and approximately £651 for 3 bedroom property in Burntwood area.

Popular Houses in Burntwood

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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