Average Price for property in Millfields Way, Wombourne, Wolverhampton, WV5 is around £171,936 which varies based on type of property you are interested in and ranges from £255,721 for detached house to around £159,915 for semi-detached. Similarly terraced house is around £137,525 and a flat is worth £111,170. Values have been changing and have risen £508 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,580 in last 6 months, £4,920 in last 1 year, £12,326 in last 2 years, £13,581 in last 3 years, £11,950 in last 4 years and £9,009 in last 5 years.
Currently average asking price of a property in Millfields Way, Wombourne, Wolverhampton, WV5 is around £326,925 based on approximately 2 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £643 per month.
Estimated property value in Millfields Way, Wombourne, Wolverhampton, WV5 is £171,936. Average asking price is £326,925 while average price paid is £116,250 which is up by £4,920 and Avg. asking rent £643.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 Millfields Way, Wombourne, Wolverhampton, WV5 area. In last 1 year alone average price buyer paid is around £116,250 based on approximately 2 sales in Millfields Way, Wombourne, Wolverhampton, WV5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £141,250. 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 £154,105 for 9 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £144,108 per sale.