Marton Close, Nechells, Birmingham, B7

Street Guide For Marton Close, Nechells, Birmingham, B7

 
 

Marton Close, Nechells, Birmingham, B7 Map

Estimated Price: £92,550
Average Asking Price: £148,994
Price change in last one year: £5,375
Average Price Paid: £95,000
Average Rent Rates: £1,559

Lloyds Property Services
4 Wood End Road BIRMINGHAM Warwickshire
Lloyds Property Services
Lloyds Property Services, 4, Wood End Road

Free House valuation

 

Property Prices Breakdown in Marton Close, Nechells, Birmingham, B7

Average Price for property in Marton Close, Nechells, Birmingham, B7 is around £92,550 which varies based on type of property you are interested in and ranges from £31,689 for semi-detached to around £104,722 for terraced house. Values have been changing and have risen £369 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,099 in last 6 months, £5,375 in last 1 year, £10,429 in last 2 years, £10,861 in last 3 years, £9,465 in last 4 years and £9,959 in last 5 years.

Currently average asking price of a property in Marton Close, Nechells, Birmingham, B7 is around £148,994 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,559 per month.

Estimated property value in Marton Close, Nechells, Birmingham, B7 is £92,550. Average asking price is £148,994 while average price paid is £95,000 which is up by £10,861 and Avg. asking rent £1,559.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 Marton Close, Nechells, Birmingham, B7 area. In last 3 years alone average price buyer paid is around £95,000 based on approximately 1 sales in Marton Close, Nechells, Birmingham, B7 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £95,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £105,000 for 2 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 £90,000 and £121,650 for a 3 bedroom house. For a flat similarly the prices varies from £60,000 for a 2 bedroom to £69,995 for a 3 bedroom Flat. To sum up the asking prices for properties in Marton Close, Nechells, Birmingham, B7 it comes to around average £75,000 for 2 bedroom property and £108,736 for 3 bedroom.

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 £1,291 for 1 bedroom to £782 for 3 bedroom, £1,300 for 4 bedroom and £1,625 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £530. You should be generally be expecting around average £884 rent per month for single bedroom property, £614 for 3 bedroom, £1,300 for 4 bedroom and approximately £1,625 for 5 bedroom property in Marton Close, Nechells, Birmingham, B7 area.

Popular Houses in Marton Close, Nechells, Birmingham, B7

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 Marton Close, Nechells, Birmingham, B7