Heathmere Drive, Birmingham, B37

Street Guide For Heathmere Drive, Birmingham, B37

 

Heathmere Drive, Birmingham, B37 Map

Estimated Price: £89,930
Average Asking Price: £172,419
Price change in last one year: £5,945
Average Price Paid: £88,616
Average Rent Rates: £2,814

 

Property Prices Breakdown in Heathmere Drive, Birmingham, B37

Average Price for property in Heathmere Drive, Birmingham, B37 is around £89,930 which varies based on type of property you are interested in and ranges from £124,729 for detached house to around £126,801 for semi-detached. Similarly terraced house is around £108,657 and a flat is worth £75,876. Values have been changing and have risen £154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £945 in last 6 months, £5,945 in last 1 year, £10,367 in last 2 years, £9,709 in last 3 years, £9,340 in last 4 years and £9,307 in last 5 years.

Currently average asking price of a property in Heathmere Drive, Birmingham, B37 is around £172,419 based on approximately 4 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £2,814 per month.

Estimated property value in Heathmere Drive, Birmingham, B37 is £89,930. Average asking price is £172,419 while average price paid is £98,500 which is up by £5,945 and Avg. asking rent £2,814.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 Heathmere Drive, Birmingham, B37 area. In last 1 year alone average price buyer paid is around £98,500 based on approximately 4 sales in Heathmere Drive, Birmingham, B37 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £85,868. 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 £88,616 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £89,415 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 £94,950, £124,962 for a 2 bedroom house, £149,360 for a 3 bedroom house, £235,612 for a 4 bedroom house and £301,421 for a 5 bedroom house. For a flat similarly the prices varies from £74,200 for a single bedroom to £76,596 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £81,250. To sum up the asking prices for properties in Heathmere Drive, Birmingham, B37 it comes to around average £77,658 for 1 bedroom property, £87,976 for 2 bedroom, £143,564 for 3 bedroom, £235,612 for 4 bedroom and £301,421 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 £635 for 3 bedroom to £1,051 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £550. You should be generally be expecting around average £468 rent per month for single bedroom property, £550 for 2 bedroom, £635 for 3 bedroom and approximately £1,051 for 5 bedroom property in Heathmere Drive, Birmingham, B37 area.

Popular Houses in Heathmere Drive, Birmingham, B37

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 Heathmere Drive, Birmingham, B37