Meadway, Kitts Green, Birmingham, B33

Street Guide For Meadway, Kitts Green, Birmingham, B33

 

Meadway, Kitts Green, Birmingham, B33 Map

Estimated Price: £116,575
Average Asking Price: £149,361
Price change in last one year: £5,773
Average Price Paid: £110,595
Average Rent Rates: £768

 

Property Prices Breakdown in Meadway, Kitts Green, Birmingham, B33

Average Price for property in Meadway, Kitts Green, Birmingham, B33 is around £116,575 which varies based on type of property you are interested in and ranges from £104,860 for detached house to around £121,736 for semi-detached. Similarly terraced house is around £117,779 and a flat is worth £85,398. Values have been changing and have risen £396 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,503 in last 6 months, £5,773 in last 1 year, £12,277 in last 2 years, £12,656 in last 3 years, £11,372 in last 4 years and £12,334 in last 5 years.

Currently average asking price of a property in Meadway, Kitts Green, Birmingham, B33 is around £149,361 based on approximately 3 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £768 per month.

Estimated property value in Meadway, Kitts Green, Birmingham, B33 is £116,575. Average asking price is £149,361 while average price paid is £116,333 which is up by £5,773 and Avg. asking rent £768.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 Meadway, Kitts Green, Birmingham, B33 area. In last 1 year alone average price buyer paid is around £116,333 based on approximately 3 sales in Meadway, Kitts Green, Birmingham, B33 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £110,454. 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 £110,595 for 21 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £106,870 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 £85,000, £103,763 for a 2 bedroom house, £123,955 for a 3 bedroom house, £196,842 for a 4 bedroom house and £279,975 for a 5 bedroom house. For a flat similarly the prices varies from £70,822 for a single bedroom to £81,729 for a 2 bedroom Flat. To sum up the asking prices for properties in Meadway, Kitts Green, Birmingham, B33 it comes to around average £73,400 for 1 bedroom property, £97,754 for 2 bedroom, £123,955 for 3 bedroom, £196,842 for 4 bedroom and £279,975 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 £381 for 1 bedroom to £551 for 2 bedrooms, £611 for 3 bedrooms, £756 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £515 and £550 for 3 bedroom. You should be generally be expecting around average £411 rent per month for single bedroom property, £537 for 2 bedroom, £608 for 3 bedroom, £756 for 4 bedroom and approximately £949 for a 5 bedroom property in Meadway, Kitts Green, Birmingham, B33 area.

Popular Houses in Meadway, Kitts Green, Birmingham, B33

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 Meadway, Kitts Green, Birmingham, B33