Values have been changing and have risen £70 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £647 in last 6 months, £3,109 in last 1 year, £4,039 in last 2 years, £4,332 in last 3 years, £2,811 in last 4 years and £1,762 in last 5 years.
Currently average asking price of a property in Fernwood Croft, Tipton, DY4 is around £127,368 based on approximately 2 properties for sale. Same is the case with rental options based on 84 properties up for rent, average asking rent is around £450 per month.
Estimated property value in Fernwood Croft, Tipton, DY4 is £53,599. Average asking price is £127,368 while average price paid is £39,000 which is up by £3,109 and Avg. asking rent £450.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 Fernwood Croft, Tipton, DY4 area. In last 1 year alone average price buyer paid is around £39,000 based on approximately 2 sales in Fernwood Croft, Tipton, DY4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £35,900. 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 £38,214 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £41,388 per sale.