Laurel Gardens, Barnt Green, Birmingham, B45

Street Guide For Laurel Gardens, Barnt Green, Birmingham, B45

 
 

Laurel Gardens, Barnt Green, Birmingham, B45 Map

Estimated Price: £638,520
Average Asking Price: £214,256
Price change in last one year: £41,771
Average Price Paid: £582,500
Average Rent Rates: £845

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE

Free House valuation

 

Property Prices Breakdown in Laurel Gardens, Barnt Green, Birmingham, B45

Average Price for property in Laurel Gardens, Barnt Green, Birmingham, B45 is around £638,520 e.g. average price for detached house is around 638,520. Values have been changing and have risen £3,711 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,403 in last 6 months, £41,771 in last 1 year, £63,438 in last 2 years, £75,611 in last 3 years, £65,843 in last 4 years and £65,502 in last 5 years.

Currently average asking price of a property in Laurel Gardens, Barnt Green, Birmingham, B45 is around £214,256 based on approximately 1 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £845 per month.

Estimated property value in Laurel Gardens, Barnt Green, Birmingham, B45 is £638,520. Average asking price is £214,256 while average price paid is £582,500 which is up by £41,771 and Avg. asking rent £845.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 Laurel Gardens, Barnt Green, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £582,500 based on approximately 1 sales in Laurel Gardens, Barnt Green, Birmingham, B45 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £582,500. 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 £582,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £582,500 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 £97,789, £109,652 for a 2 bedroom house, £177,640 for a 3 bedroom house, £344,895 for a 4 bedroom house and £545,817 for a 5 bedroom house. For a flat similarly the prices varies from £72,916 for a single bedroom to £104,977 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £163,700. To sum up the asking prices for properties in Laurel Gardens, Barnt Green, Birmingham, B45 it comes to around average £81,799 for 1 bedroom property, £107,649 for 2 bedroom, £176,876 for 3 bedroom, £344,895 for 4 bedroom and £545,817 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 1 bedroom to £613 for 2 bedrooms, £721 for 3 bedrooms, £924 for 4 bedrooms and £2,999 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £562 and £524 for 3 bedroom. You should be generally be expecting around average £445 rent per month for single bedroom property, £598 for 2 bedroom, £703 for 3 bedroom, £924 for 4 bedroom and approximately £2,999 for a 5 bedroom property in Laurel Gardens, Barnt Green, Birmingham, B45 area.

Popular Houses in Laurel Gardens, Barnt Green, Birmingham, B45

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 Laurel Gardens, Barnt Green, Birmingham, B45