Ludgate Hill, Birmingham, B3

Street Guide For Ludgate Hill, Birmingham, B3

 

Ludgate Hill, Birmingham, B3 Map

Estimated Price: £212,736
Average Asking Price: £283,158
Price change in last one year: £10,834
Average Price Paid: £229,583
Average Rent Rates: £1,563

 

Property Prices Breakdown in Ludgate Hill, Birmingham, B3

Average Price for property in Ludgate Hill, Birmingham, B3 is around £212,736 e.g. average price for a flat is around 212,736. Values have been changing and have risen £649 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,174 in last 6 months, £10,834 in last 1 year, £15,908 in last 2 years, £22,726 in last 3 years, £15,158 in last 4 years and £18,096 in last 5 years.

Currently average asking price of a property in Ludgate Hill, Birmingham, B3 is around £283,158 based on approximately 2 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,563 per month.

Estimated property value in Ludgate Hill, Birmingham, B3 is £212,736. Average asking price is £283,158 while average price paid is £200,000 which is up by £10,834 and Avg. asking rent £1,563.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 Ludgate Hill, Birmingham, B3 area. In last 1 year alone average price buyer paid is around £200,000 based on approximately 2 sales in Ludgate Hill, Birmingham, B3 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £211,666. 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 £229,583 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £224,687 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 £175,000. For a flat similarly the prices varies from £128,528 for a single bedroom to £302,179 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £725,000. To sum up the asking prices for properties in Ludgate Hill, Birmingham, B3 it comes to around average £128,528 for 1 bedroom property, £297,793 for 2 bedroom and £725,000 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £682. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £826. You should be generally be expecting around average £682 rent per month for single bedroom property and approximately £826 for 2 bedroom property in Ludgate Hill, Birmingham, B3 area.

Popular Houses in Ludgate Hill, Birmingham, B3

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 Ludgate Hill, Birmingham, B3