Bowes Road, Rubery, Rednal, Birmingham, B45

Street Guide For Bowes Road, Rubery, Rednal, Birmingham, B45

 
 

Bowes Road, Rubery, Rednal, Birmingham, B45 Map

Estimated Price: £164,593
Average Asking Price: £213,141
Price change in last one year: £10,181
Average Price Paid: £116,500
Average Rent Rates: £839

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE

Free House valuation

 

Property Prices Breakdown in Bowes Road, Rubery, Rednal, Birmingham, B45

Average Price for property in Bowes Road, Rubery, Rednal, Birmingham, B45 is around £164,593 which varies based on type of property you are interested in and ranges from £190,354 for semi-detached to around £113,069 for a flat. Values have been changing and have risen £905 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,268 in last 6 months, £10,181 in last 1 year, £15,464 in last 2 years, £18,433 in last 3 years, £16,058 in last 4 years and £15,980 in last 5 years.

Currently average asking price of a property in Bowes Road, Rubery, Rednal, Birmingham, B45 is around £213,141 based on approximately 2 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £839 per month.

Estimated property value in Bowes Road, Rubery, Rednal, Birmingham, B45 is £164,593. Average asking price is £213,141 while average price paid is £130,250 which is up by £10,181 and Avg. asking rent £839.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 Bowes Road, Rubery, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £130,250 based on approximately 2 sales in Bowes Road, Rubery, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £130,250. 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 £116,500 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £116,500 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 £97,789, £111,778 for a 2 bedroom house, £178,669 for a 3 bedroom house, £338,107 for a 4 bedroom house and £545,817 for a 5 bedroom house. For a flat similarly the prices varies from £72,916 for a single bedroom to £104,977 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £163,700. To sum up the asking prices for properties in Bowes Road, Rubery, Rednal, Birmingham, B45 it comes to around average £81,799 for 1 bedroom property, £108,863 for 2 bedroom, £177,814 for 3 bedroom, £338,107 for 4 bedroom and £545,817 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 £576 for 1 bedroom to £607 for 2 bedrooms, £721 for 3 bedrooms, £924 for 4 bedrooms and £2,999 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £562 and £524 for 3 bedroom. You should be generally be expecting around average £445 rent per month for single bedroom property, £594 for 2 bedroom, £703 for 3 bedroom, £924 for 4 bedroom and approximately £2,999 for a 5 bedroom property in Bowes Road, Rubery, Rednal, Birmingham, B45 area.

Popular Houses in Bowes Road, Rubery, Rednal, Birmingham, B45

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 Bowes Road, Rubery, Rednal, Birmingham, B45