Broom Hill, Belbroughton, Stourbridge, DY9

Street Guide For Broom Hill, Belbroughton, Stourbridge, DY9

 

Broom Hill, Belbroughton, Stourbridge, DY9 Map

Estimated Price: £408,187
Average Asking Price: £228,857
Price change in last one year: £14,442
Average Price Paid: £371,500
Average Rent Rates: £622

 

Property Prices Breakdown in Broom Hill, Belbroughton, Stourbridge, DY9

Average Price for property in Broom Hill, Belbroughton, Stourbridge, DY9 is around £408,187 which varies based on type of property you are interested in and ranges from £547,889 for detached house to around £333,592 for semi-detached. Similarly terraced house is around £277,979. Values have been changing and have risen £802 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,122 in last 6 months, £14,442 in last 1 year, £26,962 in last 2 years, £32,965 in last 3 years, £11,447 in last 4 years and £17,631 in last 5 years.

Currently average asking price of a property in Broom Hill, Belbroughton, Stourbridge, DY9 is around £228,857 based on approximately 0 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £622 per month.

Estimated property value in Broom Hill, Belbroughton, Stourbridge, DY9 is £408,187. Average asking price is £228,857 while average price paid is £495,000 which is up by £32,965 and Avg. asking rent £622.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 Hill, Belbroughton, Stourbridge, DY9 area. In last 3 years alone average price buyer paid is around £495,000 based on approximately 1 sales in Broom Hill, Belbroughton, Stourbridge, DY9 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £371,500. 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 £371,500 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 £89,125, £117,373 for a 2 bedroom house, £201,049 for a 3 bedroom house, £373,247 for a 4 bedroom house and £677,492 for a 5 bedroom house. For a flat similarly the prices varies from £112,494 for a single bedroom to £149,987 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £280,000. To sum up the asking prices for properties in Broom Hill, Belbroughton, Stourbridge, DY9 it comes to around average £104,704 for 1 bedroom property, £130,419 for 2 bedroom, £201,049 for 3 bedroom, £368,585 for 4 bedroom and £677,492 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 £425 for 1 bedroom to £490 for 2 bedroom, £592 for 3 bedroom and £1,174 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £362. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £507 and £524 for 3 bedroom. You should be generally be expecting around average £370 rent per month for single bedroom property, £496 for 2 bedroom, £585 for 3 bedroom and approximately £1,174 for 4 bedroom property in Broom Hill, Belbroughton, Stourbridge, DY9 area.

Popular Houses in Broom Hill, Belbroughton, Stourbridge, DY9

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 Hill, Belbroughton, Stourbridge, DY9