Marion Way, Hall Green, Birmingham, B28

Street Guide For Marion Way, Hall Green, Birmingham, B28

 

Marion Way, Hall Green, Birmingham, B28 Map

Estimated Price: £144,207
Average Asking Price: £210,380
Price change in last one year: £8,726
Average Price Paid: £120,250
Average Rent Rates: £623

 

Property Prices Breakdown in Marion Way, Hall Green, Birmingham, B28

Average Price for property in Marion Way, Hall Green, Birmingham, B28 is around £144,207 which varies based on type of property you are interested in and ranges from £229,580 for detached house to around £140,420 for semi-detached. Similarly flat is around £131,946. Values have been changing and have risen £588 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,786 in last 6 months, £8,726 in last 1 year, £13,835 in last 2 years, £14,683 in last 3 years, £14,273 in last 4 years and £14,782 in last 5 years.

Currently average asking price of a property in Marion Way, Hall Green, Birmingham, B28 is around £210,380 based on approximately 1 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £623 per month.

Estimated property value in Marion Way, Hall Green, Birmingham, B28 is £144,207. Average asking price is £210,380 while average price paid is £121,000 which is up by £8,726 and Avg. asking rent £623.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 Marion Way, Hall Green, Birmingham, B28 area. In last 1 year alone average price buyer paid is around £121,000 based on approximately 1 sales in Marion Way, Hall Green, Birmingham, B28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £113,000. 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 £120,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £120,250 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 £129,950, £152,327 for a 2 bedroom house, £201,284 for a 3 bedroom house, £278,488 for a 4 bedroom house and £312,143 for a 5 bedroom house. For a flat similarly the prices varies from £82,483 for a single bedroom to £154,875 for a 2 bedroom Flat. To sum up the asking prices for properties in Marion Way, Hall Green, Birmingham, B28 it comes to around average £89,264 for 1 bedroom property, £153,111 for 2 bedroom, £201,284 for 3 bedroom, £278,488 for 4 bedroom and £312,143 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 £404 for 1 bedroom to £399 for 2 bedroom, £713 for 3 bedroom and £802 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £595 and £576 for 3 bedroom. You should be generally be expecting around average £436 rent per month for single bedroom property, £563 for 2 bedroom, £707 for 3 bedroom and approximately £802 for 4 bedroom property in Marion Way, Hall Green, Birmingham, B28 area.

Popular Houses in Marion Way, Hall Green, Birmingham, B28

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 Marion Way, Hall Green, Birmingham, B28