Old Farm Road, Birmingham, B33

Street Guide For Old Farm Road, Birmingham, B33

 

Old Farm Road, Birmingham, B33 Map

Estimated Price: £146,443
Average Asking Price: £149,361
Price change in last one year: £7,251
Average Price Paid: £137,287
Average Rent Rates: £768

 

Property Prices Breakdown in Old Farm Road, Birmingham, B33

Average Price for property in Old Farm Road, Birmingham, B33 is around £146,443 which varies based on type of property you are interested in and ranges from £141,332 for detached house to around £152,273 for semi-detached. Similarly terraced house is around £134,736. Values have been changing and have risen £497 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,887 in last 6 months, £7,251 in last 1 year, £15,418 in last 2 years, £15,895 in last 3 years, £14,281 in last 4 years and £15,486 in last 5 years.

Currently average asking price of a property in Old Farm Road, Birmingham, B33 is around £149,361 based on approximately 4 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £768 per month.

Estimated property value in Old Farm Road, Birmingham, B33 is £146,443. Average asking price is £149,361 while average price paid is £138,562 which is up by £7,251 and Avg. asking rent £768.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 Old Farm Road, Birmingham, B33 area. In last 1 year alone average price buyer paid is around £138,562 based on approximately 4 sales in Old Farm Road, Birmingham, B33 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £140,958. 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 £137,287 for 11 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £141,429 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 £85,000, £103,402 for a 2 bedroom house, £124,394 for a 3 bedroom house, £196,842 for a 4 bedroom house and £294,975 for a 5 bedroom house. For a flat similarly the prices varies from £70,822 for a single bedroom to £81,729 for a 2 bedroom Flat. To sum up the asking prices for properties in Old Farm Road, Birmingham, B33 it comes to around average £73,400 for 1 bedroom property, £97,354 for 2 bedroom, £124,394 for 3 bedroom, £196,842 for 4 bedroom and £294,975 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 £362 for 1 bedroom to £557 for 2 bedrooms, £615 for 3 bedrooms, £756 for 4 bedrooms and £973 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £449. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £516 and £550 for 3 bedroom. You should be generally be expecting around average £391 rent per month for single bedroom property, £541 for 2 bedroom, £612 for 3 bedroom, £756 for 4 bedroom and approximately £973 for a 5 bedroom property in Old Farm Road, Birmingham, B33 area.

Popular Houses in Old Farm Road, Birmingham, B33

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 Old Farm Road, Birmingham, B33