Holly Lane, Smethwick, B67

Street Guide For Holly Lane, Smethwick, B67

 

Holly Lane, Smethwick, B67 Map

Estimated Price: £185,181
Average Asking Price: £155,758
Price change in last one year: £11,238
Average Price Paid: £131,872
Average Rent Rates: £585

 

Property Prices Breakdown in Holly Lane, Smethwick, B67

Average Price for property in Holly Lane, Smethwick, B67 is around £185,181 which varies based on type of property you are interested in and ranges from £402,353 for detached house to around £187,193 for semi-detached. Similarly terraced house is around £151,316 and a flat is worth £74,877. Values have been changing and have risen £987 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,177 in last 6 months, £11,238 in last 1 year, £18,793 in last 2 years, £19,804 in last 3 years, £17,823 in last 4 years and £17,477 in last 5 years.

Currently average asking price of a property in Holly Lane, Smethwick, B67 is around £155,758 based on approximately 2 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £585 per month.

Estimated property value in Holly Lane, Smethwick, B67 is £185,181. Average asking price is £155,758 while average price paid is £121,750 which is up by £11,238 and Avg. asking rent £585.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 Holly Lane, Smethwick, B67 area. In last 1 year alone average price buyer paid is around £121,750 based on approximately 2 sales in Holly Lane, Smethwick, B67 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £124,833. 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 £131,872 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £156,463 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 2 bedroom is around £114,675, £141,572 for a 3 bedroom house, £221,046 for a 4 bedroom house and £288,440 for a 5 bedroom house. For a flat similarly the prices varies from £75,225 for a single bedroom to £64,667 for a 2 bedroom Flat. To sum up the asking prices for properties in Holly Lane, Smethwick, B67 it comes to around average £75,225 for 1 bedroom property, £112,256 for 2 bedroom, £141,572 for 3 bedroom, £221,046 for 4 bedroom and £288,440 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 £435 for 1 bedroom to £554 for 2 bedroom, £613 for 3 bedroom and £693 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £439. You should be generally be expecting around average £436 rent per month for single bedroom property, £554 for 2 bedroom, £613 for 3 bedroom and approximately £693 for 4 bedroom property in Holly Lane, Smethwick, B67 area.

Popular Houses in Holly Lane, Smethwick, B67

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 Holly Lane, Smethwick, B67