Fairbourne Avenue, Rowley Regis, B65

Street Guide For Fairbourne Avenue, Rowley Regis, B65

 

Fairbourne Avenue, Rowley Regis, B65 Map

Estimated Price: £189,344
Average Asking Price: £133,045
Price change in last one year: £11,822
Average Price Paid: £163,000
Average Rent Rates: £558

 

Property Prices Breakdown in Fairbourne Avenue, Rowley Regis, B65

Average Price for property in Fairbourne Avenue, Rowley Regis, B65 is around £189,344 which varies based on type of property you are interested in and ranges from £203,527 for detached house to around £186,980 for semi-detached. Values have been changing and have risen £985 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,312 in last 6 months, £11,822 in last 1 year, £19,033 in last 2 years, £17,904 in last 3 years, £16,075 in last 4 years and £18,263 in last 5 years.

Currently average asking price of a property in Fairbourne Avenue, Rowley Regis, B65 is around £133,045 based on approximately 0 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £558 per month.

Estimated property value in Fairbourne Avenue, Rowley Regis, B65 is £189,344. Average asking price is £133,045 while average price paid is £164,500 which is up by £17,904 and Avg. asking rent £558.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, Rowley Regis, B65 area. In last 3 years alone average price buyer paid is around £164,500 based on approximately 2 sales in Fairbourne Avenue, Rowley Regis, B65 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £163,000. 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 £163,000 for 4 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 £127,500, £105,100 for a 2 bedroom house, £136,204 for a 3 bedroom house, £192,467 for a 4 bedroom house and £200,000 for a 5 bedroom house. For a flat similarly the prices varies from £77,981 for a single bedroom to £106,095 for a 2 bedroom Flat. To sum up the asking prices for properties in Fairbourne Avenue, Rowley Regis, B65 it comes to around average £87,885 for 1 bedroom property, £105,610 for 2 bedroom, £136,204 for 3 bedroom, £192,467 for 4 bedroom and £200,000 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 £867 for 1 bedroom to £536 for 2 bedroom, £635 for 3 bedroom and £750 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £501 and £550 for 3 bedroom. You should be generally be expecting around average £672 rent per month for single bedroom property, £515 for 2 bedroom, £599 for 3 bedroom and approximately £750 for 4 bedroom property in Fairbourne Avenue, Rowley Regis, B65 area.

Popular Houses in Fairbourne Avenue, Rowley Regis, B65

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, Rowley Regis, B65