Average Price for property in Wolverhampton is around £171,939 which varies based on type of property you are interested in and ranges from £288,516 for detached house to around £146,488 for semi-detached. Similarly terraced house is around £112,962 and a flat is worth £105,278. Values have been changing and have risen £57 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,238 in last 6 months, £4,104 in last 1 year, £14,535 in last 2 years, £16,597 in last 3 years, £12,168 in last 4 years and £12,172 in last 5 years.
Currently average asking price of a property in Wolverhampton is around £199,480 based on approximately 2,437 properties for sale. Same is the case with rental options based on 671 properties up for rent, average asking rent is around £804 per month.
Estimated property value in Wolverhampton is £171,939. Average asking price is £199,480 while average price paid is £160,027 which is up by £4,104 and Avg. asking rent £804.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 Wolverhampton area. In last 1 year alone average price buyer paid is around £160,027 based on approximately 2,437 sales in Wolverhampton area alone. If you compare it to last 3 years sales of 7,298 properties where buyers paid around £154,854. 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 £152,759 for 11,507 and average amount paid for purchase of approx. 15,754 properties sold in last 7 years comes to about £152,855 per sale.