Pakefield Road, Kings Norton, Birmingham, B30

Street Guide For Pakefield Road, Kings Norton, Birmingham, B30

 

Pakefield Road, Kings Norton, Birmingham, B30 Map

Estimated Price: £200,594
Average Asking Price: £197,038
Price change in last one year: £13,089
Average Price Paid: £168,642
Average Rent Rates: £814

 

Property Prices Breakdown in Pakefield Road, Kings Norton, Birmingham, B30

Average Price for property in Pakefield Road, Kings Norton, Birmingham, B30 is around £200,594 which varies based on type of property you are interested in and ranges from £250,214 for detached house to around £200,060 for semi-detached. Similarly terraced house is around £192,809. Values have been changing and have risen £1,306 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,018 in last 6 months, £13,089 in last 1 year, £23,071 in last 2 years, £23,799 in last 3 years, £21,227 in last 4 years and £22,827 in last 5 years.

Currently average asking price of a property in Pakefield Road, Kings Norton, Birmingham, B30 is around £197,038 based on approximately 3 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 Pakefield Road, Kings Norton, Birmingham, B30 is £200,594. Average asking price is £197,038 while average price paid is £185,833 which is up by £13,089 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 Pakefield Road, Kings Norton, Birmingham, B30 area. In last 1 year alone average price buyer paid is around £185,833 based on approximately 3 sales in Pakefield Road, Kings Norton, Birmingham, B30 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £176,300. 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 £168,642 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £166,000 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 Pakefield 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 Pakefield Road, Kings Norton, Birmingham, B30 area.

Popular Houses in Pakefield 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 Pakefield Road, Kings Norton, Birmingham, B30