Ferndown Close, Kitts Green, Birmingham, B26

Street Guide For Ferndown Close, Kitts Green, Birmingham, B26

 

Ferndown Close, Kitts Green, Birmingham, B26 Map

Estimated Price: £125,708
Average Asking Price: £157,679
Price change in last one year: £7,512
Average Price Paid: £108,650
Average Rent Rates: £909

 

Property Prices Breakdown in Ferndown Close, Kitts Green, Birmingham, B26

Average Price for property in Ferndown Close, Kitts Green, Birmingham, B26 is around £125,708 which varies based on type of property you are interested in and ranges from £140,177 for semi-detached to around £122,492 for terraced house. Values have been changing and have risen £450 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,251 in last 6 months, £7,512 in last 1 year, £13,743 in last 2 years, £14,439 in last 3 years, £12,832 in last 4 years and £12,144 in last 5 years.

Currently average asking price of a property in Ferndown Close, Kitts Green, Birmingham, B26 is around £157,679 based on approximately 2 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 Ferndown Close, Kitts Green, Birmingham, B26 is £125,708. Average asking price is £157,679 while average price paid is £115,475 which is up by £7,512 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 Ferndown Close, Kitts Green, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £115,475 based on approximately 2 sales in Ferndown Close, Kitts Green, Birmingham, B26 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £108,650. 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 £108,650 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £108,650 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 Ferndown Close, Kitts Green, 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 Ferndown Close, Kitts Green, Birmingham, B26 area.

Popular Houses in Ferndown Close, Kitts Green, 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 Ferndown Close, Kitts Green, Birmingham, B26