Bickenhill Lane, Birmingham, B37

Street Guide For Bickenhill Lane, Birmingham, B37

 

Bickenhill Lane, Birmingham, B37 Map

Estimated Price: £253,164
Average Asking Price: £172,419
Price change in last one year: £16,723
Average Price Paid: £207,142
Average Rent Rates: £2,814

 

Property Prices Breakdown in Bickenhill Lane, Birmingham, B37

Average Price for property in Bickenhill Lane, Birmingham, B37 is around £253,164 which varies based on type of property you are interested in and ranges from £293,390 for detached house to around £256,401 for semi-detached. Similarly terraced house is around £164,622. Values have been changing and have risen £431 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,655 in last 6 months, £16,723 in last 1 year, £29,165 in last 2 years, £27,302 in last 3 years, £26,251 in last 4 years and £26,150 in last 5 years.

Currently average asking price of a property in Bickenhill Lane, Birmingham, B37 is around £172,419 based on approximately 3 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £2,814 per month.

Estimated property value in Bickenhill Lane, Birmingham, B37 is £253,164. Average asking price is £172,419 while average price paid is £212,666 which is up by £16,723 and Avg. asking rent £2,814.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 Bickenhill Lane, Birmingham, B37 area. In last 1 year alone average price buyer paid is around £212,666 based on approximately 3 sales in Bickenhill Lane, Birmingham, B37 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £247,000. 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 £207,142 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £207,142 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 £94,950, £124,962 for a 2 bedroom house, £149,360 for a 3 bedroom house, £235,612 for a 4 bedroom house and £301,421 for a 5 bedroom house. For a flat similarly the prices varies from £74,200 for a single bedroom to £76,596 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,250. To sum up the asking prices for properties in Bickenhill Lane, Birmingham, B37 it comes to around average £77,658 for 1 bedroom property, £87,976 for 2 bedroom, £143,564 for 3 bedroom, £235,612 for 4 bedroom and £301,421 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 £635 for 3 bedroom to £1,051 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £550. You should be generally be expecting around average £468 rent per month for single bedroom property, £550 for 2 bedroom, £635 for 3 bedroom and approximately £1,051 for 5 bedroom property in Bickenhill Lane, Birmingham, B37 area.

Popular Houses in Bickenhill Lane, Birmingham, B37

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 Bickenhill Lane, Birmingham, B37