Fairbourne Avenue, Great Barr, Birmingham, B44

Street Guide For Fairbourne Avenue, Great Barr, Birmingham, B44

 
 

Fairbourne Avenue, Great Barr, Birmingham, B44 Map

Estimated Price: £168,492
Average Asking Price: £125,949
Price change in last one year: £12,115
Average Price Paid: £133,333
Average Rent Rates: £638

Lloyds Property Services
4 Wood End Road BIRMINGHAM Warwickshire
Lloyds Property Services
Lloyds Property Services, 4, Wood End Road

Free House valuation

 

Property Prices Breakdown in Fairbourne Avenue, Great Barr, Birmingham, B44

Average Price for property in Fairbourne Avenue, Great Barr, Birmingham, B44 is around £168,492 which varies based on type of property you are interested in and ranges from £272,884 for detached house to around £162,407 for semi-detached. Similarly terraced house is around £191,880. Values have been changing and have risen £915 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,925 in last 6 months, £12,115 in last 1 year, £19,174 in last 2 years, £18,897 in last 3 years, £17,383 in last 4 years and £15,511 in last 5 years.

Currently average asking price of a property in Fairbourne Avenue, Great Barr, Birmingham, B44 is around £125,949 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £638 per month.

Estimated property value in Fairbourne Avenue, Great Barr, Birmingham, B44 is £168,492. Average asking price is £125,949 while average price paid is £140,000 which is up by £12,115 and Avg. asking rent £638.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 Fairbourne Avenue, Great Barr, Birmingham, B44 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Fairbourne Avenue, Great Barr, Birmingham, B44 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £140,000. 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 £133,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £142,000 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 £50,000, £112,527 for a 2 bedroom house, £126,397 for a 3 bedroom house, £174,150 for a 4 bedroom house and £280,000 for a 5 bedroom house. For a flat similarly the prices varies from £64,950 for a single bedroom to £92,492 for a 2 bedroom Flat. To sum up the asking prices for properties in Fairbourne Avenue, Great Barr, Birmingham, B44 it comes to around average £57,475 for 1 bedroom property, £108,520 for 2 bedroom, £126,397 for 3 bedroom, £174,150 for 4 bedroom and £280,000 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 £451 for 1 bedroom to £576 for 2 bedroom, £618 for 3 bedroom and £650 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £459. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £532. You should be generally be expecting around average £457 rent per month for single bedroom property, £543 for 2 bedroom, £618 for 3 bedroom and approximately £650 for 4 bedroom property in Fairbourne Avenue, Great Barr, Birmingham, B44 area.

Popular Houses in Fairbourne Avenue, Great Barr, Birmingham, B44

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 Fairbourne Avenue, Great Barr, Birmingham, B44