Berkswell Road, Erdington, Birmingham, B24

Street Guide For Berkswell Road, Erdington, Birmingham, B24

 
 

Berkswell Road, Erdington, Birmingham, B24 Map

Estimated Price: £185,699
Average Asking Price: £166,466
Price change in last one year: £11,871
Average Price Paid: £169,350
Average Rent Rates: £575

Lloyds Property Services
4 Wood End Road BIRMINGHAM Warwickshire
Lloyds Property Services
Lloyds Property Services, 4, Wood End Road

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Property Prices Breakdown in Berkswell Road, Erdington, Birmingham, B24

Average Price for property in Berkswell Road, Erdington, Birmingham, B24 is around £185,699 which varies based on type of property you are interested in and ranges from £195,329 for detached house to around £186,358 for semi-detached. Similarly terraced house is around £169,919. Values have been changing and have risen £755 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,311 in last 6 months, £11,871 in last 1 year, £18,921 in last 2 years, £21,313 in last 3 years, £19,374 in last 4 years and £19,582 in last 5 years.

Currently average asking price of a property in Berkswell Road, Erdington, Birmingham, B24 is around £166,466 based on approximately 2 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Berkswell Road, Erdington, Birmingham, B24 is £185,699. Average asking price is £166,466 while average price paid is £173,500 which is up by £11,871 and Avg. asking rent £575.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 Berkswell Road, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £173,500 based on approximately 2 sales in Berkswell Road, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £172,625. 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 £169,350 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £164,461 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 £67,500, £122,671 for a 2 bedroom house, £153,433 for a 3 bedroom house, £219,153 for a 4 bedroom house and £278,333 for a 5 bedroom house. For a flat similarly the prices varies from £69,158 for a single bedroom to £97,986 for a 2 bedroom Flat. To sum up the asking prices for properties in Berkswell Road, Erdington, Birmingham, B24 it comes to around average £68,743 for 1 bedroom property, £110,329 for 2 bedroom, £153,433 for 3 bedroom, £219,153 for 4 bedroom and £278,333 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 £359 for 1 bedroom to £581 for 2 bedrooms, £743 for 3 bedrooms, £773 for 4 bedrooms and £1,062 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £431. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £531 and £650 for 3 bedroom. You should be generally be expecting around average £403 rent per month for single bedroom property, £561 for 2 bedroom, £731 for 3 bedroom, £773 for 4 bedroom and approximately £1,062 for a 5 bedroom property in Berkswell Road, Erdington, Birmingham, B24 area.

Popular Houses in Berkswell Road, Erdington, Birmingham, B24

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 Berkswell Road, Erdington, Birmingham, B24