Horse Shoes Lane, Sheldon, Birmingham, B26

Street Guide For Horse Shoes Lane, Sheldon, Birmingham, B26

 

Horse Shoes Lane, Sheldon, Birmingham, B26 Map

Estimated Price: £213,081
Average Asking Price: £157,679
Price change in last one year: £12,730
Average Price Paid: £201,968
Average Rent Rates: £909

 

Property Prices Breakdown in Horse Shoes Lane, Sheldon, Birmingham, B26

Average Price for property in Horse Shoes Lane, Sheldon, Birmingham, B26 is around £213,081 which varies based on type of property you are interested in and ranges from £267,760 for detached house to around £185,741 for semi-detached. Values have been changing and have risen £762 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,119 in last 6 months, £12,730 in last 1 year, £23,288 in last 2 years, £24,460 in last 3 years, £21,730 in last 4 years and £20,561 in last 5 years.

Currently average asking price of a property in Horse Shoes Lane, Sheldon, Birmingham, B26 is around £157,679 based on approximately 5 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £909 per month.

Estimated property value in Horse Shoes Lane, Sheldon, Birmingham, B26 is £213,081. Average asking price is £157,679 while average price paid is £243,180 which is up by £12,730 and Avg. asking rent £909.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 Horse Shoes Lane, Sheldon, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £243,180 based on approximately 5 sales in Horse Shoes Lane, Sheldon, Birmingham, B26 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £216,771. 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 £201,968 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £189,817 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 £82,317, £131,160 for a 2 bedroom house, £159,036 for a 3 bedroom house and £225,329 for a 4 bedroom house. For a flat similarly the prices varies from £74,225 for a single bedroom to £100,904 for a 2 bedroom Flat. To sum up the asking prices for properties in Horse Shoes Lane, Sheldon, Birmingham, B26 it comes to around average £77,693 for 1 bedroom property, £119,058 for 2 bedroom, £159,036 for 3 bedroom and £225,329 for 4 bedroom.

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 £631 for 2 bedroom and £701 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £500. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £750 for 4 bedroom. You should be generally be expecting around average £462 rent per month for single bedroom property, £587 for 2 bedroom, £701 for 3 bedroom and approximately £750 for 4 bedroom property in Horse Shoes Lane, Sheldon, Birmingham, B26 area.

Popular Houses in Horse Shoes Lane, Sheldon, Birmingham, B26

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 Horse Shoes Lane, Sheldon, Birmingham, B26