Meeting Lane, Alcester, B49

Street Guide For Meeting Lane, Alcester, B49

 

Meeting Lane, Alcester, B49 Map

Estimated Price: £272,367
Average Asking Price: £390,051
Price change in last one year: £17,083
Average Price Paid: £212,500
Average Rent Rates: £4,655

 

Property Prices Breakdown in Meeting Lane, Alcester, B49

Average Price for property in Meeting Lane, Alcester, B49 is around £272,367 which varies based on type of property you are interested in and ranges from £415,532 for detached house to around £171,179 for semi-detached. Similarly terraced house is around £188,232 and a flat is worth £213,517. Values have been changing and have risen £767 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,078 in last 6 months, £17,083 in last 1 year, £30,433 in last 2 years, £31,358 in last 3 years, £28,526 in last 4 years and £29,784 in last 5 years.

Currently average asking price of a property in Meeting Lane, Alcester, B49 is around £390,051 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £4,655 per month.

Estimated property value in Meeting Lane, Alcester, B49 is £272,367. Average asking price is £390,051 while average price paid is £302,500 which is up by £31,358 and Avg. asking rent £4,655.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 Meeting Lane, Alcester, B49 area. In last 3 years alone average price buyer paid is around £302,500 based on approximately 2 sales in Meeting Lane, Alcester, B49 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £212,500. 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 £237,500 for 6 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 £112,100, £195,177 for a 2 bedroom house, £256,833 for a 3 bedroom house, £520,444 for a 4 bedroom house and £835,817 for a 5 bedroom house. For a flat similarly the prices varies from £99,634 for a single bedroom to £311,562 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,000. To sum up the asking prices for properties in Meeting Lane, Alcester, B49 it comes to around average £104,767 for 1 bedroom property, £239,514 for 2 bedroom, £252,839 for 3 bedroom, £520,444 for 4 bedroom and £835,817 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 is £638 for 2 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. You should be generally be expecting around average £576 rent per month for single bedroom property and approximately £638 for 2 bedroom property in Meeting Lane, Alcester, B49 area.

Popular Houses in Meeting Lane, Alcester, B49

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 Meeting Lane, Alcester, B49