Fernley Road, Sparkhill, Birmingham, B11

Street Guide For Fernley Road, Sparkhill, Birmingham, B11

 

Fernley Road, Sparkhill, Birmingham, B11 Map

Estimated Price: £143,397
Average Asking Price: £150,196
Price change in last one year: £9,841
Average Price Paid: £125,495
Average Rent Rates: £619

 

Property Prices Breakdown in Fernley Road, Sparkhill, Birmingham, B11

Average Price for property in Fernley Road, Sparkhill, Birmingham, B11 is around £143,397 which varies based on type of property you are interested in and ranges from £175,272 for detached house to around £147,991 for semi-detached. Similarly terraced house is around £142,549 and a flat is worth £90,284. Values have been changing and have risen £890 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,943 in last 6 months, £9,841 in last 1 year, £15,807 in last 2 years, £13,755 in last 3 years, £13,678 in last 4 years and £14,794 in last 5 years.

Currently average asking price of a property in Fernley Road, Sparkhill, Birmingham, B11 is around £150,196 based on approximately 4 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £619 per month.

Estimated property value in Fernley Road, Sparkhill, Birmingham, B11 is £143,397. Average asking price is £150,196 while average price paid is £132,487 which is up by £9,841 and Avg. asking rent £619.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 Fernley Road, Sparkhill, Birmingham, B11 area. In last 1 year alone average price buyer paid is around £132,487 based on approximately 4 sales in Fernley Road, Sparkhill, Birmingham, B11 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £132,491. 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 £125,495 for 10 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £125,495 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 2 bedroom is around £105,522, £134,759 for a 3 bedroom house, £213,408 for a 4 bedroom house and £248,154 for a 5 bedroom house. For a flat similarly the prices varies from £63,280 for a single bedroom to £77,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Fernley Road, Sparkhill, Birmingham, B11 it comes to around average £63,280 for 1 bedroom property, £104,188 for 2 bedroom, £134,759 for 3 bedroom, £213,408 for 4 bedroom and £248,154 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 £342 for 1 bedroom to £490 for 2 bedrooms, £609 for 3 bedrooms, £663 for 4 bedrooms and £299 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £353. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £425 and £303 for 5 bedroom. You should be generally be expecting around average £349 rent per month for single bedroom property, £474 for 2 bedroom, £609 for 3 bedroom, £663 for 4 bedroom and approximately £301 for a 5 bedroom property in Fernley Road, Sparkhill, Birmingham, B11 area.

Popular Houses in Fernley Road, Sparkhill, Birmingham, B11

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 Fernley Road, Sparkhill, Birmingham, B11