Drummond Road, Bordesley Green, Birmingham, B9

Street Guide For Drummond Road, Bordesley Green, Birmingham, B9

 

Drummond Road, Bordesley Green, Birmingham, B9 Map

Estimated Price: £131,640
Average Asking Price: £144,972
Price change in last one year: £9,214
Average Price Paid: £120,615
Average Rent Rates: £867

 

Property Prices Breakdown in Drummond Road, Bordesley Green, Birmingham, B9

Average Price for property in Drummond Road, Bordesley Green, Birmingham, B9 is around £131,640 which varies based on type of property you are interested in and ranges from £132,477 for semi-detached to around £131,097 for terraced house. Values have been changing and have risen £628 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,158 in last 6 months, £9,214 in last 1 year, £15,643 in last 2 years, £15,516 in last 3 years, £11,281 in last 4 years and £12,153 in last 5 years.

Currently average asking price of a property in Drummond Road, Bordesley Green, Birmingham, B9 is around £144,972 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £867 per month.

Estimated property value in Drummond Road, Bordesley Green, Birmingham, B9 is £131,640. Average asking price is £144,972 while average price paid is £141,500 which is up by £9,214 and Avg. asking rent £867.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 Drummond Road, Bordesley Green, Birmingham, B9 area. In last 1 year alone average price buyer paid is around £141,500 based on approximately 1 sales in Drummond Road, Bordesley Green, Birmingham, B9 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £131,166. 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 £120,615 for 13 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £118,935 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 £109,950, £99,646 for a 2 bedroom house, £128,641 for a 3 bedroom house, £173,311 for a 4 bedroom house and £146,667 for a 5 bedroom house. For a flat similarly the prices varies from £87,475 for a single bedroom to £94,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Drummond Road, Bordesley Green, Birmingham, B9 it comes to around average £94,967 for 1 bedroom property, £99,303 for 2 bedroom, £128,641 for 3 bedroom, £173,311 for 4 bedroom and £146,667 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 £683 for 1 bedroom to £524 for 2 bedroom and £572 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £549. You should be generally be expecting around average £543 rent per month for single bedroom property, £541 for 2 bedroom and approximately £572 for 3 bedroom property in Drummond Road, Bordesley Green, Birmingham, B9 area.

Popular Houses in Drummond Road, Bordesley Green, Birmingham, B9

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 Drummond Road, Bordesley Green, Birmingham, B9