Margaret Street, West Bromwich, B70

Street Guide For Margaret Street, West Bromwich, B70

 

Margaret Street, West Bromwich, B70 Map

Estimated Price: £93,417
Average Asking Price: £144,748
Price change in last one year: £3,264
Average Price Paid: £86,200
Average Rent Rates: £980

 

Property Prices Breakdown in Margaret Street, West Bromwich, B70

Average Price for property in Margaret Street, West Bromwich, B70 is around £93,417 which varies based on type of property you are interested in and ranges from £194,083 for detached house to around £103,699 for semi-detached. Similarly terraced house is around £89,236. Values have been changing and have risen £348 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £657 in last 6 months, £3,264 in last 1 year, £8,753 in last 2 years, £10,238 in last 3 years, £8,569 in last 4 years and £7,970 in last 5 years.

Currently average asking price of a property in Margaret Street, West Bromwich, B70 is around £144,748 based on approximately 1 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £980 per month.

Estimated property value in Margaret Street, West Bromwich, B70 is £93,417. Average asking price is £144,748 while average price paid is £105,100 which is up by £3,264 and Avg. asking rent £980.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 Street, West Bromwich, B70 area. In last 1 year alone average price buyer paid is around £105,100 based on approximately 1 sales in Margaret Street, West Bromwich, B70 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £105,100. 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 £86,200 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £80,720 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 £103,998, £111,330 for a 2 bedroom house, £140,915 for a 3 bedroom house, £221,867 for a 4 bedroom house and £230,726 for a 5 bedroom house. For a flat similarly the prices varies from £75,548 for a single bedroom to £93,100 for a 2 bedroom Flat. To sum up the asking prices for properties in Margaret Street, West Bromwich, B70 it comes to around average £80,721 for 1 bedroom property, £105,370 for 2 bedroom, £140,915 for 3 bedroom, £221,867 for 4 bedroom and £230,726 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 £284 for 1 bedroom to £505 for 2 bedroom, £612 for 3 bedroom and £691 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £384. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £521, £650 for 3 bedroom, £700 for 4 bedroom and around £282 for 5 bedroom flat. You should be generally be expecting around average £344 rent per month for single bedroom property, £516 for 2 bedroom, £617 for 3 bedroom, £693 for 4 bedroom and approximately £282 for a 5 bedroom property in Margaret Street, West Bromwich, B70 area.

Popular Houses in Margaret Street, West Bromwich, B70

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 Street, West Bromwich, B70