Picton Grove, Birmingham, B13

Street Guide For Picton Grove, Birmingham, B13

 

Picton Grove, Birmingham, B13 Map

Estimated Price: £123,106
Average Asking Price: £239,057
Price change in last one year: £7,065
Average Price Paid: £104,663
Average Rent Rates: £773

 

Property Prices Breakdown in Picton Grove, Birmingham, B13

Average Price for property in Picton Grove, Birmingham, B13 is around £123,106 which varies based on type of property you are interested in and ranges from £135,119 for semi-detached to around £115,898 for terraced house. Values have been changing and have risen £407 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,521 in last 6 months, £7,065 in last 1 year, £13,182 in last 2 years, £13,197 in last 3 years, £11,328 in last 4 years and £12,131 in last 5 years.

Currently average asking price of a property in Picton Grove, Birmingham, B13 is around £239,057 based on approximately 5 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £773 per month.

Estimated property value in Picton Grove, Birmingham, B13 is £123,106. Average asking price is £239,057 while average price paid is £108,200 which is up by £7,065 and Avg. asking rent £773.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 Picton Grove, Birmingham, B13 area. In last 1 year alone average price buyer paid is around £108,200 based on approximately 5 sales in Picton Grove, Birmingham, B13 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £105,057. 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 £104,663 for 13 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £105,045 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 £86,500, £121,743 for a 2 bedroom house, £209,443 for a 3 bedroom house, £396,014 for a 4 bedroom house and £377,873 for a 5 bedroom house. For a flat similarly the prices varies from £96,330 for a single bedroom to £137,966 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £277,488 and £362,475 for a 4 bedroom flat. To sum up the asking prices for properties in Picton Grove, Birmingham, B13 it comes to around average £95,826 for 1 bedroom property, £133,836 for 2 bedroom, £216,422 for 3 bedroom, £393,850 for 4 bedroom and £377,873 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 £406 for 1 bedroom to £727 for 2 bedrooms, £690 for 3 bedrooms, £1,138 for 4 bedrooms and £999 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £534. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £705. You should be generally be expecting around average £500 rent per month for single bedroom property, £713 for 2 bedroom, £690 for 3 bedroom, £1,138 for 4 bedroom and approximately £999 for a 5 bedroom property in Picton Grove, Birmingham, B13 area.

Popular Houses in Picton Grove, Birmingham, B13

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 Picton Grove, Birmingham, B13