Derwent Grove, Birmingham, B30

Street Guide For Derwent Grove, Birmingham, B30

 

Derwent Grove, Birmingham, B30 Map

Estimated Price: £137,527
Average Asking Price: £197,914
Price change in last one year: £9,498
Average Price Paid: £120,800
Average Rent Rates: £810

 

Property Prices Breakdown in Derwent Grove, Birmingham, B30

Average Price for property in Derwent Grove, Birmingham, B30 is around £137,527 which varies based on type of property you are interested in and ranges from £139,958 for semi-detached to around £105,914 for terraced house. Values have been changing and have risen £948 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,916 in last 6 months, £9,498 in last 1 year, £16,741 in last 2 years, £17,269 in last 3 years, £15,405 in last 4 years and £16,568 in last 5 years.

Currently average asking price of a property in Derwent Grove, Birmingham, B30 is around £197,914 based on approximately 0 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £810 per month.

Estimated property value in Derwent Grove, Birmingham, B30 is £137,527. Average asking price is £197,914 while average price paid is £119,750 which is up by £17,269 and Avg. asking rent £810.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 Derwent Grove, Birmingham, B30 area. In last 3 years alone average price buyer paid is around £119,750 based on approximately 4 sales in Derwent Grove, Birmingham, B30 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £120,800. 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 £119,833 for 6 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 £166,200, £167,924 for a 3 bedroom house, £310,673 for a 4 bedroom house and £338,738 for a 5 bedroom house. For a flat similarly the prices varies from £98,980 for a single bedroom to £112,625 for a 2 bedroom Flat. To sum up the asking prices for properties in Derwent Grove, Birmingham, B30 it comes to around average £98,980 for 1 bedroom property, £145,594 for 2 bedroom, £167,924 for 3 bedroom, £310,673 for 4 bedroom and £338,738 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 £344 for 1 bedroom to £617 for 2 bedrooms, £654 for 3 bedrooms, £966 for 4 bedrooms and £1,733 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £571 and £676 for 3 bedroom. You should be generally be expecting around average £388 rent per month for single bedroom property, £597 for 2 bedroom, £659 for 3 bedroom, £966 for 4 bedroom and approximately £1,733 for a 5 bedroom property in Derwent Grove, Birmingham, B30 area.

Popular Houses in Derwent Grove, Birmingham, B30

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 Derwent Grove, Birmingham, B30