Packwood Road, Birmingham, B26

Street Guide For Packwood Road, Birmingham, B26

 

Packwood Road, Birmingham, B26 Map

Estimated Price: £111,853
Average Asking Price: £157,501
Price change in last one year: £6,685
Average Price Paid: £90,000
Average Rent Rates: £909

 

Property Prices Breakdown in Packwood Road, Birmingham, B26

Values have been changing and have risen £401 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,114 in last 6 months, £6,685 in last 1 year, £12,231 in last 2 years, £12,848 in last 3 years, £11,419 in last 4 years and £10,810 in last 5 years.

Currently average asking price of a property in Packwood Road, Birmingham, B26 is around £157,501 based on approximately 0 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £909 per month.

Estimated property value in Packwood Road, Birmingham, B26 is £111,853. Average asking price is £157,501 while average price paid is £90,000 which is up by £12,848 and Avg. asking rent £909.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 Packwood Road, Birmingham, B26 area. In last 3 years alone average price buyer paid is around £90,000 based on approximately 2 sales in Packwood Road, Birmingham, B26 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £90,000. 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 £90,000 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 £82,317, £131,212 for a 2 bedroom house, £159,060 for a 3 bedroom house and £225,329 for a 4 bedroom house. For a flat similarly the prices varies from £74,225 for a single bedroom to £100,904 for a 2 bedroom Flat. To sum up the asking prices for properties in Packwood Road, Birmingham, B26 it comes to around average £77,693 for 1 bedroom property, £119,556 for 2 bedroom, £159,060 for 3 bedroom and £225,329 for 4 bedroom.

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 £351 for 1 bedroom to £631 for 2 bedroom and £705 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £500. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £750 for 4 bedroom. You should be generally be expecting around average £462 rent per month for single bedroom property, £587 for 2 bedroom, £705 for 3 bedroom and approximately £750 for 4 bedroom property in Packwood Road, Birmingham, B26 area.

Popular Houses in Packwood Road, Birmingham, B26

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 Packwood Road, Birmingham, B26