Bromsgrove Street, Birmingham, B5

Street Guide For Bromsgrove Street, Birmingham, B5

 

Bromsgrove Street, Birmingham, B5 Map

Estimated Price: £125,540
Average Asking Price: £169,700
Price change in last one year: £7,417
Average Price Paid: £123,476
Average Rent Rates: £907

 

Property Prices Breakdown in Bromsgrove Street, Birmingham, B5

Average Price for property in Bromsgrove Street, Birmingham, B5 is around £125,540 e.g. average price for a flat is around 125,540. Values have been changing and have risen £558 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,593 in last 6 months, £7,417 in last 1 year, £14,161 in last 2 years, £14,808 in last 3 years, £12,845 in last 4 years and £13,636 in last 5 years.

Currently average asking price of a property in Bromsgrove Street, Birmingham, B5 is around £169,700 based on approximately 47 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £907 per month.

Estimated property value in Bromsgrove Street, Birmingham, B5 is £125,540. Average asking price is £169,700 while average price paid is £130,698 which is up by £7,417 and Avg. asking rent £907.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 Bromsgrove Street, Birmingham, B5 area. In last 1 year alone average price buyer paid is around £130,698 based on approximately 47 sales in Bromsgrove Street, Birmingham, B5 area alone. If you compare it to last 3 years sales of 72 properties where buyers paid around £124,204. 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 £123,476 for 75 and average amount paid for purchase of approx. 77 properties sold in last 7 years comes to about £123,255 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 £87,000, £165,817 for a 2 bedroom house, £231,731 for a 3 bedroom house and £350,000 for a 5 bedroom house. For a flat similarly the prices varies from £111,352 for a single bedroom to £189,480 for a 2 bedroom Flat. To sum up the asking prices for properties in Bromsgrove Street, Birmingham, B5 it comes to around average £110,591 for 1 bedroom property, £187,329 for 2 bedroom, £231,731 for 3 bedroom and £350,000 for 5 bedroom.

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 £448 for 1 bedroom to £726 for 2 bedrooms, £722 for 3 bedrooms, £887 for 4 bedrooms and £886 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £647. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £828 and £1,365 for 3 bedroom. You should be generally be expecting around average £584 rent per month for single bedroom property, £820 for 2 bedroom, £1,043 for 3 bedroom, £887 for 4 bedroom and approximately £886 for a 5 bedroom property in Bromsgrove Street, Birmingham, B5 area.

Popular Houses in Bromsgrove Street, Birmingham, B5

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 Bromsgrove Street, Birmingham, B5