Frederick Street, Hockley, Birmingham, B1

Street Guide For Frederick Street, Hockley, Birmingham, B1

 

Frederick Street, Hockley, Birmingham, B1 Map

Estimated Price: £301,391
Average Asking Price: £208,350
Price change in last one year: £16,467
Average Price Paid: £270,000
Average Rent Rates: £903

 

Property Prices Breakdown in Frederick Street, Hockley, Birmingham, B1

Values have been changing and have risen £1,375 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,726 in last 6 months, £16,467 in last 1 year, £32,286 in last 2 years, £33,642 in last 3 years, £29,276 in last 4 years and £30,872 in last 5 years.

Currently average asking price of a property in Frederick Street, Hockley, Birmingham, B1 is around £208,350 based on approximately 0 properties for sale. Same is the case with rental options based on 110 properties up for rent, average asking rent is around £903 per month.

Estimated property value in Frederick Street, Hockley, Birmingham, B1 is £301,391. Average asking price is £208,350 while average price paid is £270,000 which is up by £30,872 and Avg. asking rent £903.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 Frederick Street, Hockley, Birmingham, B1 area. In last 5 years alone average price buyer paid is around £270,000 based on approximately 1 sales in Frederick Street, Hockley, Birmingham, B1 area alone. If you compare it to last 7 years sales of 1 properties where buyers paid around £270,000.

 
 

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 4 bedroom is around £300,000. For a flat similarly the prices varies from £131,740 for a single bedroom to £225,571 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £513,917. To sum up the asking prices for properties in Frederick Street, Hockley, Birmingham, B1 it comes to around average £131,740 for 1 bedroom property, £225,571 for 2 bedroom, £513,917 for 3 bedroom and £300,000 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 £464 for 1 bedroom to £1,300 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £667. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,120 and £1,682 for 3 bedroom. You should be generally be expecting around average £654 rent per month for single bedroom property, £1,124 for 2 bedroom and approximately £1,682 for 3 bedroom property in Frederick Street, Hockley, Birmingham, B1 area.

Popular Houses in Frederick Street, Hockley, Birmingham, B1

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 Frederick Street, Hockley, Birmingham, B1