Muirfield Gardens, Kings Norton, Birmingham, B38

Street Guide For Muirfield Gardens, Kings Norton, Birmingham, B38

 

Muirfield Gardens, Kings Norton, Birmingham, B38 Map

Estimated Price: £112,940
Average Asking Price: £222,956
Price change in last one year: £7,985
Average Price Paid: £87,600
Average Rent Rates: £581

 

Property Prices Breakdown in Muirfield Gardens, Kings Norton, Birmingham, B38

Average Price for property in Muirfield Gardens, Kings Norton, Birmingham, B38 is around £112,940 which varies based on type of property you are interested in and ranges from £116,674 for terraced house to around £71,866 for a flat. Values have been changing and have risen £475 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,495 in last 6 months, £7,985 in last 1 year, £12,911 in last 2 years, £11,451 in last 3 years, £12,278 in last 4 years and £12,775 in last 5 years.

Currently average asking price of a property in Muirfield Gardens, Kings Norton, Birmingham, B38 is around £222,956 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.

Estimated property value in Muirfield Gardens, Kings Norton, Birmingham, B38 is £112,940. Average asking price is £222,956 while average price paid is £108,000 which is up by £7,985 and Avg. asking rent £581.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 Muirfield Gardens, Kings Norton, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £108,000 based on approximately 1 sales in Muirfield Gardens, Kings Norton, Birmingham, B38 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £90,333. 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 £87,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £91,714 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 £125,000, £118,869 for a 2 bedroom house, £179,556 for a 3 bedroom house, £320,488 for a 4 bedroom house and £496,250 for a 5 bedroom house. For a flat similarly the prices varies from £94,975 for a single bedroom to £134,992 for a 2 bedroom Flat. To sum up the asking prices for properties in Muirfield Gardens, Kings Norton, Birmingham, B38 it comes to around average £104,983 for 1 bedroom property, £125,779 for 2 bedroom, £179,556 for 3 bedroom, £320,488 for 4 bedroom and £496,250 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 £576 for 2 bedroom to £644 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £410. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £559 and £494 for 3 bedroom. You should be generally be expecting around average £410 rent per month for single bedroom property, £569 for 2 bedroom and approximately £626 for 3 bedroom property in Muirfield Gardens, Kings Norton, Birmingham, B38 area.

Popular Houses in Muirfield Gardens, Kings Norton, Birmingham, B38

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 Muirfield Gardens, Kings Norton, Birmingham, B38