Bank Street, Kings Heath, Birmingham, B14

Street Guide For Bank Street, Kings Heath, Birmingham, B14

 

Bank Street, Kings Heath, Birmingham, B14 Map

Estimated Price: £151,280
Average Asking Price: £159,617
Price change in last one year: £9,965
Average Price Paid: £133,249
Average Rent Rates: £949

 

Property Prices Breakdown in Bank Street, Kings Heath, Birmingham, B14

Average Price for property in Bank Street, Kings Heath, Birmingham, B14 is around £151,280 which varies based on type of property you are interested in and ranges from £164,679 for semi-detached to around £150,287 for terraced house. Values have been changing and have risen £1,042 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,457 in last 6 months, £9,965 in last 1 year, £15,871 in last 2 years, £18,557 in last 3 years, £16,559 in last 4 years and £16,846 in last 5 years.

Currently average asking price of a property in Bank Street, Kings Heath, Birmingham, B14 is around £159,617 based on approximately 3 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £949 per month.

Estimated property value in Bank Street, Kings Heath, Birmingham, B14 is £151,280. Average asking price is £159,617 while average price paid is £146,166 which is up by £9,965 and Avg. asking rent £949.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 Bank Street, Kings Heath, Birmingham, B14 area. In last 1 year alone average price buyer paid is around £146,166 based on approximately 3 sales in Bank Street, Kings Heath, Birmingham, B14 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £135,655. 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 £133,249 for 13 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £134,912 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 £63,000, £125,783 for a 2 bedroom house, £158,329 for a 3 bedroom house, £286,400 for a 4 bedroom house and £382,492 for a 5 bedroom house. For a flat similarly the prices varies from £64,975 for a single bedroom to £98,216 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £107,475. To sum up the asking prices for properties in Bank Street, Kings Heath, Birmingham, B14 it comes to around average £63,988 for 1 bedroom property, £108,554 for 2 bedroom, £156,545 for 3 bedroom, £286,400 for 4 bedroom and £382,492 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 £845 for 1 bedroom to £679 for 2 bedroom and £727 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £456. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £624, £550 for 3 bedroom and £724 for 4 bedroom. You should be generally be expecting around average £482 rent per month for single bedroom property, £648 for 2 bedroom, £718 for 3 bedroom and approximately £724 for 4 bedroom property in Bank Street, Kings Heath, Birmingham, B14 area.

Popular Houses in Bank Street, Kings Heath, Birmingham, B14

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 Bank Street, Kings Heath, Birmingham, B14