Edale Road, Great Barr, Birmingham, B42

Street Guide For Edale Road, Great Barr, Birmingham, B42

 

Edale Road, Great Barr, Birmingham, B42 Map

Estimated Price: £134,306
Average Asking Price: £173,848
Price change in last one year: £8,434
Average Price Paid: £118,800
Average Rent Rates: £751

 

Property Prices Breakdown in Edale Road, Great Barr, Birmingham, B42

Average Price for property in Edale Road, Great Barr, Birmingham, B42 is around £134,306 e.g. average price for semi-detached is around 134,306. Values have been changing and have risen £569 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,425 in last 6 months, £8,434 in last 1 year, £12,612 in last 2 years, £12,215 in last 3 years, £11,500 in last 4 years and £11,596 in last 5 years.

Currently average asking price of a property in Edale Road, Great Barr, Birmingham, B42 is around £173,848 based on approximately 4 properties for sale. Same is the case with rental options based on 95 properties up for rent, average asking rent is around £751 per month.

Estimated property value in Edale Road, Great Barr, Birmingham, B42 is £134,306. Average asking price is £173,848 while average price paid is £120,500 which is up by £8,434 and Avg. asking rent £751.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 Edale Road, Great Barr, Birmingham, B42 area. In last 1 year alone average price buyer paid is around £120,500 based on approximately 4 sales in Edale Road, Great Barr, Birmingham, B42 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £120,500. 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 £118,800 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £116,850 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 £108,066, £155,059 for a 3 bedroom house, £259,142 for a 4 bedroom house and £315,650 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £87,205 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £80,000. To sum up the asking prices for properties in Edale Road, Great Barr, Birmingham, B42 it comes to around average £55,000 for 1 bedroom property, £100,417 for 2 bedroom, £154,072 for 3 bedroom, £259,142 for 4 bedroom and £315,650 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 £397 for 1 bedroom to £573 for 2 bedrooms, £548 for 3 bedrooms, £556 for 4 bedrooms and £849 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £550. You should be generally be expecting around average £389 rent per month for single bedroom property, £573 for 2 bedroom, £548 for 3 bedroom, £555 for 4 bedroom and approximately £849 for a 5 bedroom property in Edale Road, Great Barr, Birmingham, B42 area.

Popular Houses in Edale Road, Great Barr, Birmingham, B42

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 Edale Road, Great Barr, Birmingham, B42