Oxford Close, Birmingham, B8

Street Guide For Oxford Close, Birmingham, B8

 

Oxford Close, Birmingham, B8 Map

Estimated Price: £99,159
Average Asking Price: £124,304
Price change in last one year: £6,955
Average Price Paid: £83,166
Average Rent Rates: £997

 

Property Prices Breakdown in Oxford Close, Birmingham, B8

Average Price for property in Oxford Close, Birmingham, B8 is around £99,159 e.g. average price for terraced house is around 99,159. Values have been changing and have risen £670 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,074 in last 6 months, £6,955 in last 1 year, £10,526 in last 2 years, £11,653 in last 3 years, £8,728 in last 4 years and £10,234 in last 5 years.

Currently average asking price of a property in Oxford Close, Birmingham, B8 is around £124,304 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £997 per month.

Estimated property value in Oxford Close, Birmingham, B8 is £99,159. Average asking price is £124,304 while average price paid is £89,000 which is up by £6,955 and Avg. asking rent £997.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 Oxford Close, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £89,000 based on approximately 1 sales in Oxford Close, Birmingham, B8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £78,800. 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 £83,166 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £84,375 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 £150,000, £99,198 for a 2 bedroom house, £119,236 for a 3 bedroom house, £154,767 for a 4 bedroom house and £203,738 for a 5 bedroom house. For a flat similarly the prices varies from £43,333 for a single bedroom to £60,238 for a 2 bedroom Flat. To sum up the asking prices for properties in Oxford Close, Birmingham, B8 it comes to around average £70,000 for 1 bedroom property, £92,704 for 2 bedroom, £119,236 for 3 bedroom, £154,767 for 4 bedroom and £203,738 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 £542 for 1 bedroom to £477 for 2 bedroom and £579 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £384. You should be generally be expecting around average £431 rent per month for single bedroom property, £477 for 2 bedroom and approximately £579 for 3 bedroom property in Oxford Close, Birmingham, B8 area.

Popular Houses in Oxford Close, Birmingham, B8

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 Oxford Close, Birmingham, B8