Newcome Close, Erdington, Birmingham, B24

Street Guide For Newcome Close, Erdington, Birmingham, B24

 
 

Newcome Close, Erdington, Birmingham, B24 Map

Estimated Price: £182,497
Average Asking Price: £166,466
Price change in last one year: £11,669
Average Price Paid: £158,400
Average Rent Rates: £575

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

Free House valuation

 

Property Prices Breakdown in Newcome Close, Erdington, Birmingham, B24

Average Price for property in Newcome Close, Erdington, Birmingham, B24 is around £182,497 which varies based on type of property you are interested in and ranges from £180,209 for detached house to around £181,916 for semi-detached. Similarly terraced house is around £186,519 and a flat is worth £166,114. Values have been changing and have risen £742 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,272 in last 6 months, £11,669 in last 1 year, £18,596 in last 2 years, £20,947 in last 3 years, £19,043 in last 4 years and £19,247 in last 5 years.

Currently average asking price of a property in Newcome Close, Erdington, Birmingham, B24 is around £166,466 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Newcome Close, Erdington, Birmingham, B24 is £182,497. Average asking price is £166,466 while average price paid is £156,000 which is up by £11,669 and Avg. asking rent £575.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 Newcome Close, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £156,000 based on approximately 1 sales in Newcome Close, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £158,400. 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 £158,400 for 2 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £162,560 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 £67,500, £122,671 for a 2 bedroom house, £153,433 for a 3 bedroom house, £219,153 for a 4 bedroom house and £278,333 for a 5 bedroom house. For a flat similarly the prices varies from £69,158 for a single bedroom to £97,986 for a 2 bedroom Flat. To sum up the asking prices for properties in Newcome Close, Erdington, Birmingham, B24 it comes to around average £68,743 for 1 bedroom property, £110,329 for 2 bedroom, £153,433 for 3 bedroom, £219,153 for 4 bedroom and £278,333 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 £359 for 1 bedroom to £581 for 2 bedrooms, £743 for 3 bedrooms, £773 for 4 bedrooms and £1,062 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £526 and £650 for 3 bedroom. You should be generally be expecting around average £397 rent per month for single bedroom property, £557 for 2 bedroom, £731 for 3 bedroom, £773 for 4 bedroom and approximately £1,062 for a 5 bedroom property in Newcome Close, Erdington, Birmingham, B24 area.

Popular Houses in Newcome Close, Erdington, Birmingham, B24

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 Newcome Close, Erdington, Birmingham, B24