Kings Park West, Birmingham, B38

Street Guide For Kings Park West, Birmingham, B38

 

Kings Park West, Birmingham, B38 Map

Estimated Price: £190,016
Average Asking Price: £226,309
Price change in last one year: £14,211
Average Price Paid: £166,725
Average Rent Rates: £581

 

Property Prices Breakdown in Kings Park West, Birmingham, B38

Average Price for property in Kings Park West, Birmingham, B38 is around £190,016 which varies based on type of property you are interested in and ranges from £225,095 for detached house to around £187,785 for semi-detached. Similarly terraced house is around £164,409 and a flat is worth £60,117. Values have been changing and have risen £844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,660 in last 6 months, £14,211 in last 1 year, £22,976 in last 2 years, £20,369 in last 3 years, £21,833 in last 4 years and £22,715 in last 5 years.

Currently average asking price of a property in Kings Park West, Birmingham, B38 is around £226,309 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.

Estimated property value in Kings Park West, Birmingham, B38 is £190,016. Average asking price is £226,309 while average price paid is £220,000 which is up by £14,211 and Avg. asking rent £581.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 Kings Park West, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £220,000 based on approximately 1 sales in Kings Park West, Birmingham, B38 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £191,590. 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 £166,725 for 27 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £166,725 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 £125,000, £120,492 for a 2 bedroom house, £179,556 for a 3 bedroom house, £320,488 for a 4 bedroom house and £496,250 for a 5 bedroom house. For a flat similarly the prices varies from £94,975 for a single bedroom to £134,992 for a 2 bedroom Flat. To sum up the asking prices for properties in Kings Park West, Birmingham, B38 it comes to around average £104,983 for 1 bedroom property, £127,742 for 2 bedroom, £179,556 for 3 bedroom, £320,488 for 4 bedroom and £496,250 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 £576 for 2 bedroom to £644 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £410. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £559 and £494 for 3 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £569 for 2 bedroom and approximately £626 for 3 bedroom property in Kings Park West, Birmingham, B38 area.

Popular Houses in Kings Park West, Birmingham, B38

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 Kings Park West, Birmingham, B38