Grove Vale Avenue, Great Barr, Birmingham, B43

Street Guide For Grove Vale Avenue, Great Barr, Birmingham, B43

 

Grove Vale Avenue, Great Barr, Birmingham, B43 Map

Estimated Price: £291,669
Average Asking Price: £188,824
Price change in last one year: £16,701
Average Price Paid: £187,642
Average Rent Rates: £652

 

Property Prices Breakdown in Grove Vale Avenue, Great Barr, Birmingham, B43

Average Price for property in Grove Vale Avenue, Great Barr, Birmingham, B43 is around £291,669 which varies based on type of property you are interested in and ranges from £330,425 for detached house to around £249,164 for semi-detached. Similarly terraced house is around £258,313 and a flat is worth £94,963. Values have been changing and have risen £386 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,339 in last 6 months, £16,701 in last 1 year, £26,645 in last 2 years, £30,283 in last 3 years, £24,669 in last 4 years and £28,244 in last 5 years.

Currently average asking price of a property in Grove Vale Avenue, Great Barr, Birmingham, B43 is around £188,824 based on approximately 2 properties for sale. Same is the case with rental options based on 26 properties up for rent, average asking rent is around £652 per month.

Estimated property value in Grove Vale Avenue, Great Barr, Birmingham, B43 is £291,669. Average asking price is £188,824 while average price paid is £241,250 which is up by £16,701 and Avg. asking rent £652.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 Grove Vale Avenue, Great Barr, Birmingham, B43 area. In last 1 year alone average price buyer paid is around £241,250 based on approximately 2 sales in Grove Vale Avenue, Great Barr, Birmingham, B43 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £192,625. 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 £187,642 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £206,549 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 £151,967, £121,667 for a 2 bedroom house, £170,707 for a 3 bedroom house, £307,366 for a 4 bedroom house and £375,842 for a 5 bedroom house. For a flat similarly the prices varies from £105,770 for a single bedroom to £131,827 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £95,000. To sum up the asking prices for properties in Grove Vale Avenue, Great Barr, Birmingham, B43 it comes to around average £123,094 for 1 bedroom property, £129,961 for 2 bedroom, £169,594 for 3 bedroom, £307,366 for 4 bedroom and £375,842 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 £351 for 1 bedroom to £299 for 2 bedrooms, £656 for 3 bedrooms, £945 for 4 bedrooms and £1,599 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £591 and £524 for 3 bedroom. You should be generally be expecting around average £409 rent per month for single bedroom property, £549 for 2 bedroom, £643 for 3 bedroom, £945 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Grove Vale Avenue, Great Barr, Birmingham, B43 area.

Popular Houses in Grove Vale Avenue, Great Barr, Birmingham, B43

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 Grove Vale Avenue, Great Barr, Birmingham, B43