Elmay Road, Birmingham, B26

Street Guide For Elmay Road, Birmingham, B26

 

Elmay Road, Birmingham, B26 Map

Estimated Price: £154,198
Average Asking Price: £157,501
Price change in last one year: £9,215
Average Price Paid: £137,332
Average Rent Rates: £909

 

Property Prices Breakdown in Elmay Road, Birmingham, B26

Average Price for property in Elmay Road, Birmingham, B26 is around £154,198 which varies based on type of property you are interested in and ranges from £170,163 for detached house to around £154,500 for semi-detached. Similarly terraced house is around £145,244. Values have been changing and have risen £552 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,535 in last 6 months, £9,215 in last 1 year, £16,857 in last 2 years, £17,706 in last 3 years, £15,731 in last 4 years and £14,885 in last 5 years.

Currently average asking price of a property in Elmay Road, Birmingham, B26 is around £157,501 based on approximately 3 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £909 per month.

Estimated property value in Elmay Road, Birmingham, B26 is £154,198. Average asking price is £157,501 while average price paid is £143,500 which is up by £9,215 and Avg. asking rent £909.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 Elmay Road, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £143,500 based on approximately 3 sales in Elmay Road, Birmingham, B26 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £142,131. 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 £137,332 for 25 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £133,019 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 £82,317, £131,212 for a 2 bedroom house, £159,060 for a 3 bedroom house and £225,329 for a 4 bedroom house. For a flat similarly the prices varies from £74,225 for a single bedroom to £100,904 for a 2 bedroom Flat. To sum up the asking prices for properties in Elmay Road, Birmingham, B26 it comes to around average £77,693 for 1 bedroom property, £119,556 for 2 bedroom, £159,060 for 3 bedroom and £225,329 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 £351 for 1 bedroom to £631 for 2 bedroom and £705 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £500. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £750 for 4 bedroom. You should be generally be expecting around average £462 rent per month for single bedroom property, £587 for 2 bedroom, £705 for 3 bedroom and approximately £750 for 4 bedroom property in Elmay Road, Birmingham, B26 area.

Popular Houses in Elmay Road, Birmingham, B26

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 Elmay Road, Birmingham, B26