Bell Green

Area Guide For Bell Green

Bell Green is predominantly a residential area in the North of Coventry, West Midlands.  Once home to over 50 different types of shops but due to the current economic climate and the council charging high rental prices for out of town shopping, there now remain only a handful of shops. The Riley Square in Bell Green is a shopping centre which has a variety of shops as well as being surrounded by flats.

 
 

Bell Green Map

Estimated Price: £354,045
Average Asking Price: £411,248
Price change in last one year: £37,437
Average Price Paid: £268,220
Average Rent Rates: £1,187

 
 

Property Prices Breakdown in Bell Green

Average Price for property in Bell Green is around £354,045 which varies based on type of property you are interested in and ranges from £656,719 for detached house to around £448,690 for semi-detached. Similarly terraced house is around £383,598 and a flat is worth £257,974. Values have been changing and have risen £2,593 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,445 in last 6 months, £37,437 in last 1 year, £76,043 in last 2 years, £87,904 in last 3 years, £87,426 in last 4 years and £95,682 in last 5 years.

Currently average asking price of a property in Bell Green is around £411,248 based on approximately 341 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £1,187 per month.

Estimated property value in Bell Green is £354,045. Average asking price is £411,248 while average price paid is £321,996 which is up by £37,437 and Avg. asking rent £1,187.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 Bell Green area. In last 1 year alone average price buyer paid is around £321,996 based on approximately 341 sales in Bell Green area alone. If you compare it to last 3 years sales of 971 properties where buyers paid around £286,598. 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 £268,220 for 1,487 and average amount paid for purchase of approx. 1,955 properties sold in last 7 years comes to about £255,744 per sale.

 
 

Properties For Sale in Bell Green

 
 

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 £282,450, £360,994 for a 2 bedroom house, £464,686 for a 3 bedroom house, £823,173 for a 4 bedroom house and £1,007,499 for a 5 bedroom house. For a flat similarly the prices varies from £237,128 for a single bedroom to £292,924 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £390,590. To sum up the asking prices for properties in Bell Green it comes to around average £241,069 for 1 bedroom property, £304,269 for 2 bedroom, £454,673 for 3 bedroom, £823,173 for 4 bedroom and £1,007,499 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 £757 for 1 bedroom to £1,063 for 2 bedroom, £1,531 for 3 bedroom and £2,040 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £945. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,193. You should be generally be expecting around average £895 rent per month for single bedroom property, £1,169 for 2 bedroom, £1,531 for 3 bedroom and approximately £2,040 for 4 bedroom property in Bell Green area.

Popular Houses in Bell Green

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.

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