Newborough Road, Hall Green, Birmingham, B28

Street Guide For Newborough Road, Hall Green, Birmingham, B28

 

Newborough Road, Hall Green, Birmingham, B28 Map

Estimated Price: £176,724
Average Asking Price: £210,380
Price change in last one year: £10,691
Average Price Paid: £131,700
Average Rent Rates: £623

 

Property Prices Breakdown in Newborough Road, Hall Green, Birmingham, B28

Average Price for property in Newborough Road, Hall Green, Birmingham, B28 is around £176,724 e.g. average price for semi-detached is around 176,724. Values have been changing and have risen £719 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,187 in last 6 months, £10,691 in last 1 year, £16,949 in last 2 years, £17,984 in last 3 years, £17,479 in last 4 years and £18,101 in last 5 years.

Currently average asking price of a property in Newborough Road, Hall Green, Birmingham, B28 is around £210,380 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £623 per month.

Estimated property value in Newborough Road, Hall Green, Birmingham, B28 is £176,724. Average asking price is £210,380 while average price paid is £128,000 which is up by £10,691 and Avg. asking rent £623.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 Newborough Road, Hall Green, Birmingham, B28 area. In last 1 year alone average price buyer paid is around £128,000 based on approximately 2 sales in Newborough Road, Hall Green, Birmingham, B28 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £128,000. 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 £131,700 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £131,700 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 £129,950, £152,327 for a 2 bedroom house, £201,284 for a 3 bedroom house, £278,488 for a 4 bedroom house and £312,143 for a 5 bedroom house. For a flat similarly the prices varies from £82,483 for a single bedroom to £154,875 for a 2 bedroom Flat. To sum up the asking prices for properties in Newborough Road, Hall Green, Birmingham, B28 it comes to around average £89,264 for 1 bedroom property, £153,111 for 2 bedroom, £201,284 for 3 bedroom, £278,488 for 4 bedroom and £312,143 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 £404 for 1 bedroom to £399 for 2 bedroom, £713 for 3 bedroom and £802 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £595 and £576 for 3 bedroom. You should be generally be expecting around average £436 rent per month for single bedroom property, £563 for 2 bedroom, £707 for 3 bedroom and approximately £802 for 4 bedroom property in Newborough Road, Hall Green, Birmingham, B28 area.

Popular Houses in Newborough Road, Hall Green, Birmingham, B28

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 Newborough Road, Hall Green, Birmingham, B28