Cannon Street, Birmingham, B2

Street Guide For Cannon Street, Birmingham, B2

 

Cannon Street, Birmingham, B2 Map

Estimated Price: £193,059
Average Asking Price: £151,486
Price change in last one year: £11,106
Average Price Paid: £116,842
Average Rent Rates: £1,041

 

Property Prices Breakdown in Cannon Street, Birmingham, B2

Average Price for property in Cannon Street, Birmingham, B2 is around £193,059 e.g. average price for a flat is around 193,059. Values have been changing and have risen £926 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,502 in last 6 months, £11,106 in last 1 year, £21,860 in last 2 years, £22,794 in last 3 years, £19,849 in last 4 years and £20,931 in last 5 years.

Currently average asking price of a property in Cannon Street, Birmingham, B2 is around £151,486 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,041 per month.

Estimated property value in Cannon Street, Birmingham, B2 is £193,059. Average asking price is £151,486 while average price paid is £130,000 which is up by £11,106 and Avg. asking rent £1,041.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 Cannon Street, Birmingham, B2 area. In last 1 year alone average price buyer paid is around £130,000 based on approximately 1 sales in Cannon Street, Birmingham, B2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £114,266. 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 £116,842 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £128,728 per sale.

 
 

For a flat similarly the prices varies from £100,000 for a single bedroom to £208,150 for a 2 bedroom Flat. To sum up the asking prices for properties in Cannon Street, Birmingham, B2 it comes to around average £100,000 for 1 bedroom property and £208,150 for 2 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £718. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,248. You should be generally be expecting around average £718 rent per month for single bedroom property and approximately £1,248 for 2 bedroom property in Cannon Street, Birmingham, B2 area.

Popular Houses in Cannon Street, Birmingham, B2

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 Cannon Street, Birmingham, B2