Gorcott Lane, Dickens Heath, Shirley, Solihull, B90

Street Guide For Gorcott Lane, Dickens Heath, Shirley, Solihull, B90

 

Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 Map

Estimated Price: £171,570
Average Asking Price: £253,992
Price change in last one year: £10,905
Average Price Paid: £149,975
Average Rent Rates: £1,327

 

Property Prices Breakdown in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90

Average Price for property in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 is around £171,570 e.g. average price for a flat is around 171,570. Values have been changing and have risen £532 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,004 in last 6 months, £10,905 in last 1 year, £16,874 in last 2 years, £19,663 in last 3 years, £17,882 in last 4 years and £17,932 in last 5 years.

Currently average asking price of a property in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 is around £253,992 based on approximately 1 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £1,327 per month.

Estimated property value in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 is £171,570. Average asking price is £253,992 while average price paid is £154,950 which is up by £10,905 and Avg. asking rent £1,327.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 Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 area. In last 1 year alone average price buyer paid is around £154,950 based on approximately 1 sales in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £154,950. 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 £149,975 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £149,975 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 £87,970, £226,530 for a 2 bedroom house, £256,976 for a 3 bedroom house, £349,293 for a 4 bedroom house and £544,990 for a 5 bedroom house. For a flat similarly the prices varies from £131,900 for a single bedroom to £169,815 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £194,982. To sum up the asking prices for properties in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 it comes to around average £122,748 for 1 bedroom property, £182,144 for 2 bedroom, £251,950 for 3 bedroom, £349,293 for 4 bedroom and £544,990 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 £451 for 1 bedroom to £798 for 2 bedrooms, £824 for 3 bedrooms, £1,862 for 4 bedrooms and £1,677 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £575. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £729 and £1,026 for 3 bedroom. You should be generally be expecting around average £544 rent per month for single bedroom property, £758 for 2 bedroom, £864 for 3 bedroom, £1,862 for 4 bedroom and approximately £1,677 for a 5 bedroom property in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90 area.

Popular Houses in Gorcott Lane, Dickens Heath, Shirley, Solihull, B90

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 Gorcott Lane, Dickens Heath, Shirley, Solihull, B90