Bearwood Road, Bearwood, Smethwick, B66

Street Guide For Bearwood Road, Bearwood, Smethwick, B66

 

Bearwood Road, Bearwood, Smethwick, B66 Map

Estimated Price: £136,010
Average Asking Price: £138,363
Price change in last one year: £9,847
Average Price Paid: £107,089
Average Rent Rates: £634

 

Property Prices Breakdown in Bearwood Road, Bearwood, Smethwick, B66

Average Price for property in Bearwood Road, Bearwood, Smethwick, B66 is around £136,010 which varies based on type of property you are interested in and ranges from £278,557 for detached house to around £146,810 for semi-detached. Similarly terraced house is around £128,021 and a flat is worth £80,206. Values have been changing and have risen £573 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,389 in last 6 months, £9,847 in last 1 year, £14,922 in last 2 years, £14,470 in last 3 years, £12,891 in last 4 years and £12,041 in last 5 years.

Currently average asking price of a property in Bearwood Road, Bearwood, Smethwick, B66 is around £138,363 based on approximately 4 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £634 per month.

Estimated property value in Bearwood Road, Bearwood, Smethwick, B66 is £136,010. Average asking price is £138,363 while average price paid is £122,586 which is up by £9,847 and Avg. asking rent £634.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 Bearwood Road, Bearwood, Smethwick, B66 area. In last 1 year alone average price buyer paid is around £122,586 based on approximately 4 sales in Bearwood Road, Bearwood, Smethwick, B66 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £110,849. 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 £107,089 for 15 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £106,493 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 £59,950, £120,076 for a 2 bedroom house, £123,308 for a 3 bedroom house, £165,600 for a 4 bedroom house and £208,967 for a 5 bedroom house. For a flat similarly the prices varies from £68,299 for a single bedroom to £87,798 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £71,142. To sum up the asking prices for properties in Bearwood Road, Bearwood, Smethwick, B66 it comes to around average £67,106 for 1 bedroom property, £112,903 for 2 bedroom, £117,718 for 3 bedroom, £165,600 for 4 bedroom and £208,967 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 £353 for 1 bedroom to £484 for 2 bedrooms, £544 for 3 bedrooms, £642 for 4 bedrooms and £802 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £464. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594, £345 for 3 bedroom and £489 for 4 bedroom. You should be generally be expecting around average £442 rent per month for single bedroom property, £518 for 2 bedroom, £508 for 3 bedroom, £574 for 4 bedroom and approximately £802 for a 5 bedroom property in Bearwood Road, Bearwood, Smethwick, B66 area.

Popular Houses in Bearwood Road, Bearwood, Smethwick, B66

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 Bearwood Road, Bearwood, Smethwick, B66