Crosby Close, Edgbaston, Birmingham, B1

Street Guide For Crosby Close, Edgbaston, Birmingham, B1

 

Crosby Close, Edgbaston, Birmingham, B1 Map

Estimated Price: £116,173
Average Asking Price: £205,787
Price change in last one year: £6,350
Average Price Paid: £97,500
Average Rent Rates: £880

 

Property Prices Breakdown in Crosby Close, Edgbaston, Birmingham, B1

Average Price for property in Crosby Close, Edgbaston, Birmingham, B1 is around £116,173 e.g. average price for terraced house is around 116,173. Values have been changing and have risen £531 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,437 in last 6 months, £6,350 in last 1 year, £12,450 in last 2 years, £12,975 in last 3 years, £11,296 in last 4 years and £11,913 in last 5 years.

Currently average asking price of a property in Crosby Close, Edgbaston, Birmingham, B1 is around £205,787 based on approximately 1 properties for sale. Same is the case with rental options based on 102 properties up for rent, average asking rent is around £880 per month.

Estimated property value in Crosby Close, Edgbaston, Birmingham, B1 is £116,173. Average asking price is £205,787 while average price paid is £90,000 which is up by £6,350 and Avg. asking rent £880.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 Crosby Close, Edgbaston, Birmingham, B1 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Crosby Close, Edgbaston, Birmingham, B1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £97,500. 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 £97,500 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £98,625 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 2 bedroom is around £119,950, £325,000 for a 3 bedroom house and £300,000 for a 4 bedroom house. For a flat similarly the prices varies from £131,740 for a single bedroom to £221,048 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £513,917. To sum up the asking prices for properties in Crosby Close, Edgbaston, Birmingham, B1 it comes to around average £131,740 for 1 bedroom property, £219,066 for 2 bedroom, £486,929 for 3 bedroom and £300,000 for 4 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 £464 for 1 bedroom to £1,300 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £677. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,099 and £1,786 for 3 bedroom. You should be generally be expecting around average £663 rent per month for single bedroom property, £1,103 for 2 bedroom and approximately £1,786 for 3 bedroom property in Crosby Close, Edgbaston, Birmingham, B1 area.

Popular Houses in Crosby Close, Edgbaston, Birmingham, B1

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 Crosby Close, Edgbaston, Birmingham, B1