Midgley Drive, Four Oaks, Sutton Coldfield, B74

Street Guide For Midgley Drive, Four Oaks, Sutton Coldfield, B74

 
 

Midgley Drive, Four Oaks, Sutton Coldfield, B74 Map

Estimated Price: £508,001
Average Asking Price: £573,266
Price change in last one year: £30,420
Average Price Paid: £424,416
Average Rent Rates: £1,037

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

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Property Prices Breakdown in Midgley Drive, Four Oaks, Sutton Coldfield, B74

Average Price for property in Midgley Drive, Four Oaks, Sutton Coldfield, B74 is around £508,001 e.g. average price for detached house is around 508,001. Values have been changing and have risen £2,857 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,890 in last 6 months, £30,420 in last 1 year, £52,196 in last 2 years, £53,053 in last 3 years, £49,629 in last 4 years and £50,343 in last 5 years.

Currently average asking price of a property in Midgley Drive, Four Oaks, Sutton Coldfield, B74 is around £573,266 based on approximately 1 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £1,037 per month.

Estimated property value in Midgley Drive, Four Oaks, Sutton Coldfield, B74 is £508,001. Average asking price is £573,266 while average price paid is £420,000 which is up by £30,420 and Avg. asking rent £1,037.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 Midgley Drive, Four Oaks, Sutton Coldfield, B74 area. In last 1 year alone average price buyer paid is around £420,000 based on approximately 1 sales in Midgley Drive, Four Oaks, Sutton Coldfield, B74 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £415,375. 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 £424,416 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £426,272 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 £132,500, £274,773 for a 2 bedroom house, £345,895 for a 3 bedroom house, £478,607 for a 4 bedroom house and £717,490 for a 5 bedroom house. For a flat similarly the prices varies from £96,666 for a single bedroom to £174,290 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £378,557. To sum up the asking prices for properties in Midgley Drive, Four Oaks, Sutton Coldfield, B74 it comes to around average £105,624 for 1 bedroom property, £208,831 for 2 bedroom, £351,912 for 3 bedroom, £478,607 for 4 bedroom and £717,490 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 £789 for 2 bedroom to £792 for 3 bedroom, £1,086 for 4 bedroom and £2,275 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £713 and £1,352 for 3 bedroom. You should be generally be expecting around average £550 rent per month for single bedroom property, £721 for 2 bedroom, £932 for 3 bedroom, £1,086 for 4 bedroom and approximately £2,275 for a 5 bedroom property in Midgley Drive, Four Oaks, Sutton Coldfield, B74 area.

Popular Houses in Midgley Drive, Four Oaks, Sutton Coldfield, B74

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 Midgley Drive, Four Oaks, Sutton Coldfield, B74