Pound Road, Oldbury, B68

Street Guide For Pound Road, Oldbury, B68

 

Pound Road, Oldbury, B68 Map

Estimated Price: £183,661
Average Asking Price: £158,730
Price change in last one year: £11,293
Average Price Paid: £138,555
Average Rent Rates: £639

 

Property Prices Breakdown in Pound Road, Oldbury, B68

Average Price for property in Pound Road, Oldbury, B68 is around £183,661 which varies based on type of property you are interested in and ranges from £311,072 for detached house to around £167,454 for semi-detached. Similarly terraced house is around £132,692 and a flat is worth £127,874. Values have been changing and have risen £539 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,112 in last 6 months, £11,293 in last 1 year, £17,864 in last 2 years, £20,315 in last 3 years, £18,731 in last 4 years and £17,450 in last 5 years.

Currently average asking price of a property in Pound Road, Oldbury, B68 is around £158,730 based on approximately 6 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £639 per month.

Estimated property value in Pound Road, Oldbury, B68 is £183,661. Average asking price is £158,730 while average price paid is £155,356 which is up by £11,293 and Avg. asking rent £639.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 Pound Road, Oldbury, B68 area. In last 1 year alone average price buyer paid is around £155,356 based on approximately 6 sales in Pound Road, Oldbury, B68 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £142,443. 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 £138,555 for 16 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £142,169 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 £123,000, £121,563 for a 2 bedroom house, £158,377 for a 3 bedroom house, £211,331 for a 4 bedroom house and £280,494 for a 5 bedroom house. For a flat similarly the prices varies from £67,416 for a single bedroom to £82,485 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £74,000. To sum up the asking prices for properties in Pound Road, Oldbury, B68 it comes to around average £75,356 for 1 bedroom property, £108,787 for 2 bedroom, £157,847 for 3 bedroom, £211,331 for 4 bedroom and £280,494 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 £351 for 1 bedroom to £559 for 2 bedroom, £637 for 3 bedroom and £1,008 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £493, £498 for 3 bedroom and £676 for 5 bedroom. You should be generally be expecting around average £396 rent per month for single bedroom property, £534 for 2 bedroom, £623 for 3 bedroom, £1,008 for 4 bedroom and approximately £676 for a 5 bedroom property in Pound Road, Oldbury, B68 area.

Popular Houses in Pound Road, Oldbury, B68

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 Pound Road, Oldbury, B68