Margaret Grove, Harborne, Birmingham, B17

Street Guide For Margaret Grove, Harborne, Birmingham, B17

 

Margaret Grove, Harborne, Birmingham, B17 Map

Estimated Price: £316,437
Average Asking Price: £301,920
Price change in last one year: £21,358
Average Price Paid: £265,710
Average Rent Rates: £798

 

Property Prices Breakdown in Margaret Grove, Harborne, Birmingham, B17

Average Price for property in Margaret Grove, Harborne, Birmingham, B17 is around £316,437 which varies based on type of property you are interested in and ranges from £302,465 for detached house to around £307,956 for semi-detached. Similarly terraced house is around £319,730. Values have been changing and have risen £787 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,972 in last 6 months, £21,358 in last 1 year, £33,825 in last 2 years, £38,912 in last 3 years, £35,639 in last 4 years and £36,562 in last 5 years.

Currently average asking price of a property in Margaret Grove, Harborne, Birmingham, B17 is around £301,920 based on approximately 3 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £798 per month.

Estimated property value in Margaret Grove, Harborne, Birmingham, B17 is £316,437. Average asking price is £301,920 while average price paid is £256,666 which is up by £21,358 and Avg. asking rent £798.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 Margaret Grove, Harborne, Birmingham, B17 area. In last 1 year alone average price buyer paid is around £256,666 based on approximately 3 sales in Margaret Grove, Harborne, Birmingham, B17 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £272,216. 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 £265,710 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £248,885 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 £174,412, £257,140 for a 3 bedroom house, £430,751 for a 4 bedroom house and £525,646 for a 5 bedroom house. For a flat similarly the prices varies from £101,746 for a single bedroom to £209,657 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £140,000. To sum up the asking prices for properties in Margaret Grove, Harborne, Birmingham, B17 it comes to around average £101,746 for 1 bedroom property, £187,397 for 2 bedroom, £253,030 for 3 bedroom, £430,751 for 4 bedroom and £525,646 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 £711 for 2 bedrooms, £794 for 3 bedrooms, £923 for 4 bedrooms and £743 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £432. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £732, £698 for 3 bedroom and £1,083 for 5 bedroom. You should be generally be expecting around average £433 rent per month for single bedroom property, £720 for 2 bedroom, £791 for 3 bedroom, £923 for 4 bedroom and approximately £755 for a 5 bedroom property in Margaret Grove, Harborne, Birmingham, B17 area.

Popular Houses in Margaret Grove, Harborne, Birmingham, B17

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 Margaret Grove, Harborne, Birmingham, B17