James Close, Smethwick, B67

Street Guide For James Close, Smethwick, B67

 

James Close, Smethwick, B67 Map

Estimated Price: £96,546
Average Asking Price: £155,758
Price change in last one year: £5,861
Average Price Paid: £74,500
Average Rent Rates: £585

 

Property Prices Breakdown in James Close, Smethwick, B67

Average Price for property in James Close, Smethwick, B67 is around £96,546 e.g. average price for terraced house is around 96,546. Values have been changing and have risen £515 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,657 in last 6 months, £5,861 in last 1 year, £9,802 in last 2 years, £10,331 in last 3 years, £9,300 in last 4 years and £9,121 in last 5 years.

Currently average asking price of a property in James Close, Smethwick, B67 is around £155,758 based on approximately 1 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 James Close, Smethwick, B67 is £96,546. Average asking price is £155,758 while average price paid is £85,000 which is up by £5,861 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 James Close, Smethwick, B67 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in James Close, Smethwick, B67 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £85,000. 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 £74,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £73,416 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 James Close, 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 James Close, Smethwick, B67 area.

Popular Houses in James Close, 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 James Close, Smethwick, B67