Green Lane, Small Heath, Birmingham, B9

Street Guide For Green Lane, Small Heath, Birmingham, B9

 

Green Lane, Small Heath, Birmingham, B9 Map

Estimated Price: £125,349
Average Asking Price: £144,118
Price change in last one year: £8,292
Average Price Paid: £96,300
Average Rent Rates: £867

 

Property Prices Breakdown in Green Lane, Small Heath, Birmingham, B9

Average Price for property in Green Lane, Small Heath, Birmingham, B9 is around £125,349 which varies based on type of property you are interested in and ranges from £378,460 for detached house to around £120,652 for semi-detached. Similarly terraced house is around £119,211 and a flat is worth £180,884. Values have been changing and have risen £565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,943 in last 6 months, £8,292 in last 1 year, £14,078 in last 2 years, £13,965 in last 3 years, £10,156 in last 4 years and £10,942 in last 5 years.

Currently average asking price of a property in Green Lane, Small Heath, Birmingham, B9 is around £144,118 based on approximately 2 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £867 per month.

Estimated property value in Green Lane, Small Heath, Birmingham, B9 is £125,349. Average asking price is £144,118 while average price paid is £127,500 which is up by £8,292 and Avg. asking rent £867.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 Green Lane, Small Heath, Birmingham, B9 area. In last 1 year alone average price buyer paid is around £127,500 based on approximately 2 sales in Green Lane, Small Heath, Birmingham, B9 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £99,214. 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 £96,300 for 15 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £104,541 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 £109,950, £99,646 for a 2 bedroom house, £128,566 for a 3 bedroom house, £173,311 for a 4 bedroom house and £146,667 for a 5 bedroom house. For a flat similarly the prices varies from £87,475 for a single bedroom to £94,500 for a 2 bedroom Flat. To sum up the asking prices for properties in Green Lane, Small Heath, Birmingham, B9 it comes to around average £94,967 for 1 bedroom property, £99,303 for 2 bedroom, £128,566 for 3 bedroom, £173,311 for 4 bedroom and £146,667 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 £683 for 1 bedroom to £524 for 2 bedroom and £572 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £549. You should be generally be expecting around average £543 rent per month for single bedroom property, £541 for 2 bedroom and approximately £572 for 3 bedroom property in Green Lane, Small Heath, Birmingham, B9 area.

Popular Houses in Green Lane, Small Heath, Birmingham, B9

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 Green Lane, Small Heath, Birmingham, B9