Newbourne Hill, Alvechurch, Birmingham, B48

Street Guide For Newbourne Hill, Alvechurch, Birmingham, B48

 
 

Newbourne Hill, Alvechurch, Birmingham, B48 Map

Estimated Price: £345,056
Average Asking Price: £467,602
Price change in last one year: £20,377
Average Price Paid: £225,000
Average Rent Rates: £750

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE
Property Link Letting Agency (Derry)
13 Strand Road, L/Derry, Co. Londonderry, BT48 7BJ

Free House valuation

 

Property Prices Breakdown in Newbourne Hill, Alvechurch, Birmingham, B48

Average Price for property in Newbourne Hill, Alvechurch, Birmingham, B48 is around £345,056 which varies based on type of property you are interested in and ranges from £403,482 for detached house to around £306,104 for semi-detached. Values have been changing and have risen £870 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,672 in last 6 months, £20,377 in last 1 year, £35,422 in last 2 years, £36,524 in last 3 years, £33,365 in last 4 years and £34,496 in last 5 years.

Currently average asking price of a property in Newbourne Hill, Alvechurch, Birmingham, B48 is around £467,602 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £750 per month.

Estimated property value in Newbourne Hill, Alvechurch, Birmingham, B48 is £345,056. Average asking price is £467,602 while average price paid is £225,000 which is up by £36,524 and Avg. asking rent £750.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 Newbourne Hill, Alvechurch, Birmingham, B48 area. In last 3 years alone average price buyer paid is around £225,000 based on approximately 1 sales in Newbourne Hill, Alvechurch, Birmingham, B48 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £225,000. 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 £253,750 for 2 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 £114,975, £355,995 for a 3 bedroom house, £650,000 for a 4 bedroom house and £742,488 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £185,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Newbourne Hill, Alvechurch, Birmingham, B48 it comes to around average £138,317 for 1 bedroom property, £185,000 for 2 bedroom, £355,995 for 3 bedroom, £650,000 for 4 bedroom and £742,488 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 £750 for 2 bedroom to £849 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. You should be generally be expecting around average £650 rent per month for single bedroom property, £750 for 2 bedroom and approximately £849 for 3 bedroom property in Newbourne Hill, Alvechurch, Birmingham, B48 area.

Popular Houses in Newbourne Hill, Alvechurch, Birmingham, B48

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 Newbourne Hill, Alvechurch, Birmingham, B48