Broom Hall Grove, Birmingham, B27

Street Guide For Broom Hall Grove, Birmingham, B27

 

Broom Hall Grove, Birmingham, B27 Map

Estimated Price: £151,916
Average Asking Price: £180,915
Price change in last one year: £9,664
Average Price Paid: £105,500
Average Rent Rates: £675

 

Property Prices Breakdown in Broom Hall Grove, Birmingham, B27

Average Price for property in Broom Hall Grove, Birmingham, B27 is around £151,916 which varies based on type of property you are interested in and ranges from £186,511 for semi-detached to around £125,970 for terraced house. Values have been changing and have risen £771 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,281 in last 6 months, £9,664 in last 1 year, £17,483 in last 2 years, £18,480 in last 3 years, £17,148 in last 4 years and £17,129 in last 5 years.

Currently average asking price of a property in Broom Hall Grove, Birmingham, B27 is around £180,915 based on approximately 0 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £675 per month.

Estimated property value in Broom Hall Grove, Birmingham, B27 is £151,916. Average asking price is £180,915 while average price paid is £101,000 which is up by £18,480 and Avg. asking rent £675.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 Broom Hall Grove, Birmingham, B27 area. In last 3 years alone average price buyer paid is around £101,000 based on approximately 1 sales in Broom Hall Grove, Birmingham, B27 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £105,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £105,500 for 2 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 £139,950, £120,342 for a 2 bedroom house, £155,302 for a 3 bedroom house, £237,648 for a 4 bedroom house and £319,264 for a 5 bedroom house. For a flat similarly the prices varies from £71,650 for a single bedroom to £105,154 for a 2 bedroom Flat. To sum up the asking prices for properties in Broom Hall Grove, Birmingham, B27 it comes to around average £94,417 for 1 bedroom property, £114,267 for 2 bedroom, £155,302 for 3 bedroom, £237,648 for 4 bedroom and £319,264 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 £708 for 1 bedroom to £619 for 2 bedrooms, £670 for 3 bedrooms, £875 for 4 bedrooms and £1,621 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £484. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £560 and £589 for 3 bedroom. You should be generally be expecting around average £558 rent per month for single bedroom property, £593 for 2 bedroom, £666 for 3 bedroom, £876 for 4 bedroom and approximately £1,620 for a 5 bedroom property in Broom Hall Grove, Birmingham, B27 area.

Popular Houses in Broom Hall Grove, Birmingham, B27

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 Broom Hall Grove, Birmingham, B27