Looking along the street…
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Before you offer on a home on New Street: the checks to raise with your surveyor and conveyancer, whether an asking price stands up against what sold nearby, how prices here have moved since 1995, what it costs to run a home, and a buyer's report for every home on the street.
3 things to raise before an offer (checked at WV13 3TB), and a street where the typical sale was £200k. In Bilston North West.
Multiply a home's floor area (on its energy certificate) by £2,388 for a neighbourhood benchmark: 90 m² comes to about £215k. Homes on New Street have sold below it. Check an asking price.
+91% over ten years (2015 to 2025).
| Type | Sales | Typical | Range |
|---|---|---|---|
| Detached | 21 | £285k | £180k – £465k |
| Semi-detached | 44 | £208k | £141k – £300k |
| Terraced | 13 | £185k | £90k – £295k |
| Flat | 1 | £90k | £90k – £90k |
A home's own band, energy rating and typical bills are in its buyer's report.
| Home | Last sold | Floor area | |
|---|---|---|---|
| 28, New StreetTerraced | £200,000, Jun 2022 | 110 m² | Buyer's report → |
| 30a, New StreetSemi-detached | £135,000, May 2021 | 82 m² | Buyer's report → |
More for buying: Where can I afford? · How much to offer · Buying checklist · Check your documents
| Size | Typical value today | Cheaper quarter | Estimated rent | Gross yield |
|---|---|---|---|---|
| 1 bed | £137k | £89k | £790 a month | 6.9% |
| 2 beds | £187k | £170k | £840 a month | 5.4% |
| 3 beds | £215k | £184k | £980 a month | 5.5% |
| 4+ beds | £273k | £241k | £1,330 a month | 5.8% |
| All homes | £211k | £178k | £920 a month | 5.2% |
Values: sales since 2021 of homes with an energy certificate (bedrooms estimated from its rooms), carried to today on the local price index; the cheaper quarter is what a quarter of them go for under. Rents are estimates: the council's typical private rent (ONS) adjusted for how values here compare. Gross yield = a year's rent ÷ value, before costs. Compare it with other places