Mallards Reach, Solihull, B92

Street Guide For Mallards Reach, Solihull, B92

 

Mallards Reach, Solihull, B92 Map

Estimated Price: £200,077
Average Asking Price: £314,924
Price change in last one year: £11,093
Average Price Paid: £161,437
Average Rent Rates: £883

 

Property Prices Breakdown in Mallards Reach, Solihull, B92

Average Price for property in Mallards Reach, Solihull, B92 is around £200,077 e.g. average price for a flat is around 200,077. Values have been changing and have risen £866 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,328 in last 6 months, £11,093 in last 1 year, £19,288 in last 2 years, £22,210 in last 3 years, £19,349 in last 4 years and £20,342 in last 5 years.

Currently average asking price of a property in Mallards Reach, Solihull, B92 is around £314,924 based on approximately 1 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £883 per month.

Estimated property value in Mallards Reach, Solihull, B92 is £200,077. Average asking price is £314,924 while average price paid is £147,000 which is up by £11,093 and Avg. asking rent £883.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 Mallards Reach, Solihull, B92 area. In last 1 year alone average price buyer paid is around £147,000 based on approximately 1 sales in Mallards Reach, Solihull, B92 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £155,250. 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 £161,437 for 8 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £161,100 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 £173,225, £216,150 for a 2 bedroom house, £240,138 for a 3 bedroom house, £467,781 for a 4 bedroom house and £573,490 for a 5 bedroom house. For a flat similarly the prices varies from £115,335 for a single bedroom to £146,457 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £160,000. To sum up the asking prices for properties in Mallards Reach, Solihull, B92 it comes to around average £128,199 for 1 bedroom property, £177,636 for 2 bedroom, £237,553 for 3 bedroom, £467,781 for 4 bedroom and £573,490 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 £768 for 2 bedroom to £802 for 3 bedroom, £1,248 for 4 bedroom and £2,095 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £534. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £637. You should be generally be expecting around average £534 rent per month for single bedroom property, £702 for 2 bedroom, £802 for 3 bedroom, £1,248 for 4 bedroom and approximately £2,095 for a 5 bedroom property in Mallards Reach, Solihull, B92 area.

Popular Houses in Mallards Reach, Solihull, B92

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 Mallards Reach, Solihull, B92