Fernhurst Road, Saltley, Birmingham, B8

Street Guide For Fernhurst Road, Saltley, Birmingham, B8

 

Fernhurst Road, Saltley, Birmingham, B8 Map

Estimated Price: £112,034
Average Asking Price: £124,304
Price change in last one year: £7,427
Average Price Paid: £91,731
Average Rent Rates: £997

 

Property Prices Breakdown in Fernhurst Road, Saltley, Birmingham, B8

Average Price for property in Fernhurst Road, Saltley, Birmingham, B8 is around £112,034 which varies based on type of property you are interested in and ranges from £115,307 for semi-detached to around £110,879 for terraced house. Values have been changing and have risen £715 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,214 in last 6 months, £7,427 in last 1 year, £11,239 in last 2 years, £12,443 in last 3 years, £9,316 in last 4 years and £10,924 in last 5 years.

Currently average asking price of a property in Fernhurst Road, Saltley, Birmingham, B8 is around £124,304 based on approximately 2 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £997 per month.

Estimated property value in Fernhurst Road, Saltley, Birmingham, B8 is £112,034. Average asking price is £124,304 while average price paid is £83,375 which is up by £7,427 and Avg. asking rent £997.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 Fernhurst Road, Saltley, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £83,375 based on approximately 2 sales in Fernhurst Road, Saltley, Birmingham, B8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £88,916. 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 £91,731 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £93,846 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 £140,000, £99,198 for a 2 bedroom house, £119,893 for a 3 bedroom house, £154,767 for a 4 bedroom house and £203,738 for a 5 bedroom house. For a flat similarly the prices varies from £42,500 for a single bedroom to £60,238 for a 2 bedroom Flat. To sum up the asking prices for properties in Fernhurst Road, Saltley, Birmingham, B8 it comes to around average £75,000 for 1 bedroom property, £92,704 for 2 bedroom, £119,893 for 3 bedroom, £154,767 for 4 bedroom and £203,738 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 £542 for 1 bedroom to £477 for 2 bedroom and £577 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £384. You should be generally be expecting around average £431 rent per month for single bedroom property, £477 for 2 bedroom and approximately £577 for 3 bedroom property in Fernhurst Road, Saltley, Birmingham, B8 area.

Popular Houses in Fernhurst Road, Saltley, Birmingham, B8

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 Fernhurst Road, Saltley, Birmingham, B8