Hagley Road, Edgbaston, Birmingham, B16

Street Guide For Hagley Road, Edgbaston, Birmingham, B16

 

Hagley Road, Edgbaston, Birmingham, B16 Map

Estimated Price: £157,061
Average Asking Price: £204,555
Price change in last one year: £9,865
Average Price Paid: £232,909
Average Rent Rates: £710

 

Property Prices Breakdown in Hagley Road, Edgbaston, Birmingham, B16

Average Price for property in Hagley Road, Edgbaston, Birmingham, B16 is around £157,061 which varies based on type of property you are interested in and ranges from £534,666 for detached house to around £296,297 for semi-detached. Similarly terraced house is around £238,084 and a flat is worth £145,989. Values have been changing and have risen £688 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,435 in last 6 months, £9,865 in last 1 year, £17,387 in last 2 years, £17,101 in last 3 years, £16,873 in last 4 years and £16,237 in last 5 years.

Currently average asking price of a property in Hagley Road, Edgbaston, Birmingham, B16 is around £204,555 based on approximately 24 properties for sale. Same is the case with rental options based on 215 properties up for rent, average asking rent is around £710 per month.

Estimated property value in Hagley Road, Edgbaston, Birmingham, B16 is £157,061. Average asking price is £204,555 while average price paid is £231,970 which is up by £9,865 and Avg. asking rent £710.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 Hagley Road, Edgbaston, Birmingham, B16 area. In last 1 year alone average price buyer paid is around £231,970 based on approximately 24 sales in Hagley Road, Edgbaston, Birmingham, B16 area alone. If you compare it to last 3 years sales of 31 properties where buyers paid around £232,909. 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 £232,909 for 31 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £232,909 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 £95,000, £110,964 for a 2 bedroom house, £146,161 for a 3 bedroom house, £275,889 for a 4 bedroom house and £359,083 for a 5 bedroom house. For a flat similarly the prices varies from £117,203 for a single bedroom to £185,860 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £230,650 and £229,898 for a 4 bedroom flat. To sum up the asking prices for properties in Hagley Road, Edgbaston, Birmingham, B16 it comes to around average £116,910 for 1 bedroom property, £179,138 for 2 bedroom, £167,641 for 3 bedroom, £271,509 for 4 bedroom and £359,083 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 £364 for 1 bedroom to £573 for 2 bedrooms, £702 for 3 bedrooms, £873 for 4 bedrooms and £679 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £545. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £948, £1,426 for 3 bedroom, £1,116 for 4 bedroom and around £351 for 5 bedroom flat. You should be generally be expecting around average £487 rent per month for single bedroom property, £893 for 2 bedroom, £822 for 3 bedroom, £906 for 4 bedroom and approximately £652 for a 5 bedroom property in Hagley Road, Edgbaston, Birmingham, B16 area.

Popular Houses in Hagley Road, Edgbaston, Birmingham, B16

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 Hagley Road, Edgbaston, Birmingham, B16