Oak Farm Road, Kings Norton, Birmingham, B30

Street Guide For Oak Farm Road, Kings Norton, Birmingham, B30

 

Oak Farm Road, Kings Norton, Birmingham, B30 Map

Estimated Price: £182,912
Average Asking Price: £197,038
Price change in last one year: £11,936
Average Price Paid: £158,056
Average Rent Rates: £814

 

Property Prices Breakdown in Oak Farm Road, Kings Norton, Birmingham, B30

Average Price for property in Oak Farm Road, Kings Norton, Birmingham, B30 is around £182,912 which varies based on type of property you are interested in and ranges from £362,472 for detached house to around £158,109 for semi-detached. Similarly terraced house is around £163,162 and a flat is worth £125,249. Values have been changing and have risen £1,191 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,664 in last 6 months, £11,936 in last 1 year, £21,037 in last 2 years, £21,700 in last 3 years, £19,356 in last 4 years and £20,817 in last 5 years.

Currently average asking price of a property in Oak Farm Road, Kings Norton, Birmingham, B30 is around £197,038 based on approximately 6 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £814 per month.

Estimated property value in Oak Farm Road, Kings Norton, Birmingham, B30 is £182,912. Average asking price is £197,038 while average price paid is £166,512 which is up by £11,936 and Avg. asking rent £814.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 Oak Farm Road, Kings Norton, Birmingham, B30 area. In last 1 year alone average price buyer paid is around £166,512 based on approximately 6 sales in Oak Farm Road, Kings Norton, Birmingham, B30 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £174,089. 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 £158,056 for 19 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £165,537 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 2 bedroom is around £164,068, £167,924 for a 3 bedroom house, £310,673 for a 4 bedroom house and £338,738 for a 5 bedroom house. For a flat similarly the prices varies from £98,980 for a single bedroom to £112,625 for a 2 bedroom Flat. To sum up the asking prices for properties in Oak Farm Road, Kings Norton, Birmingham, B30 it comes to around average £98,980 for 1 bedroom property, £145,015 for 2 bedroom, £167,924 for 3 bedroom, £310,673 for 4 bedroom and £338,738 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 £344 for 1 bedroom to £615 for 2 bedrooms, £662 for 3 bedrooms, £966 for 4 bedrooms and £1,733 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £454. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £571 and £676 for 3 bedroom. You should be generally be expecting around average £388 rent per month for single bedroom property, £595 for 2 bedroom, £665 for 3 bedroom, £966 for 4 bedroom and approximately £1,733 for a 5 bedroom property in Oak Farm Road, Kings Norton, Birmingham, B30 area.

Popular Houses in Oak Farm Road, Kings Norton, Birmingham, B30

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 Oak Farm Road, Kings Norton, Birmingham, B30