Abbey Close, Bromsgrove, B60

Street Guide For Abbey Close, Bromsgrove, B60

 
 

Abbey Close, Bromsgrove, B60 Map

Estimated Price: £151,406
Average Asking Price: £249,651
Price change in last one year: £8,102
Average Price Paid: £137,957
Average Rent Rates: £1,607

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE

Free House valuation

 

Property Prices Breakdown in Abbey Close, Bromsgrove, B60

Average Price for property in Abbey Close, Bromsgrove, B60 is around £151,406 which varies based on type of property you are interested in and ranges from £134,915 for detached house to around £153,377 for semi-detached. Similarly terraced house is around £154,218 and a flat is worth £145,950. Values have been changing and have risen £230 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,513 in last 6 months, £8,102 in last 1 year, £17,196 in last 2 years, £16,487 in last 3 years, £13,910 in last 4 years and £14,045 in last 5 years.

Currently average asking price of a property in Abbey Close, Bromsgrove, B60 is around £249,651 based on approximately 2 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £1,607 per month.

Estimated property value in Abbey Close, Bromsgrove, B60 is £151,406. Average asking price is £249,651 while average price paid is £148,125 which is up by £8,102 and Avg. asking rent £1,607.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 Abbey Close, Bromsgrove, B60 area. In last 1 year alone average price buyer paid is around £148,125 based on approximately 2 sales in Abbey Close, Bromsgrove, B60 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £138,035. 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 £137,957 for 13 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £138,540 per sale.

 
 
 
 

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 1 bedroom is around £90,506, £173,732 for a 2 bedroom house, £244,920 for a 3 bedroom house, £358,544 for a 4 bedroom house and £538,737 for a 5 bedroom house. For a flat similarly the prices varies from £84,696 for a single bedroom to £97,961 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £425,000. To sum up the asking prices for properties in Abbey Close, Bromsgrove, B60 it comes to around average £87,186 for 1 bedroom property, £142,532 for 2 bedroom, £250,377 for 3 bedroom, £358,544 for 4 bedroom and £538,737 for a 5 bedroom property.

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 £624 for 1 bedroom to £685 for 2 bedroom, £741 for 3 bedroom and £1,675 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £496. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £609 and £598 for 3 bedroom. You should be generally be expecting around average £539 rent per month for single bedroom property, £656 for 2 bedroom, £712 for 3 bedroom and approximately £1,675 for 4 bedroom property in Abbey Close, Bromsgrove, B60 area.

Popular Houses in Abbey Close, Bromsgrove, B60

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.

Areas in and around Abbey Close, Bromsgrove, B60