Rachel Gardens, Selly Oak, Birmingham, B29

Street Guide For Rachel Gardens, Selly Oak, Birmingham, B29

 

Rachel Gardens, Selly Oak, Birmingham, B29 Map

Estimated Price: £166,832
Average Asking Price: £191,152
Price change in last one year: £11,565
Average Price Paid: £146,950
Average Rent Rates: £607

 

Property Prices Breakdown in Rachel Gardens, Selly Oak, Birmingham, B29

Average Price for property in Rachel Gardens, Selly Oak, Birmingham, B29 is around £166,832 which varies based on type of property you are interested in and ranges from £161,435 for semi-detached to around £168,451 for terraced house. Values have been changing and have risen £719 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,660 in last 6 months, £11,565 in last 1 year, £18,973 in last 2 years, £18,693 in last 3 years, £17,420 in last 4 years and £18,355 in last 5 years.

Currently average asking price of a property in Rachel Gardens, Selly Oak, Birmingham, B29 is around £191,152 based on approximately 2 properties for sale. Same is the case with rental options based on 1,115 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Rachel Gardens, Selly Oak, Birmingham, B29 is £166,832. Average asking price is £191,152 while average price paid is £152,100 which is up by £11,565 and Avg. asking rent £607.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 Rachel Gardens, Selly Oak, Birmingham, B29 area. In last 1 year alone average price buyer paid is around £152,100 based on approximately 2 sales in Rachel Gardens, Selly Oak, Birmingham, B29 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £151,940. 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 £146,950 for 6 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £141,360 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 £119,975, £135,532 for a 2 bedroom house, £167,377 for a 3 bedroom house, £322,188 for a 4 bedroom house and £303,125 for a 5 bedroom house. For a flat similarly the prices varies from £73,294 for a single bedroom to £112,990 for a 2 bedroom Flat. To sum up the asking prices for properties in Rachel Gardens, Selly Oak, Birmingham, B29 it comes to around average £88,854 for 1 bedroom property, £129,270 for 2 bedroom, £167,377 for 3 bedroom, £322,188 for 4 bedroom and £303,125 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 £408 for 1 bedroom to £507 for 2 bedrooms, £526 for 3 bedrooms, £491 for 4 bedrooms and £497 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £509. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £721, £644 for 3 bedroom, £1,300 for 4 bedroom and around £373 for 5 bedroom flat. You should be generally be expecting around average £435 rent per month for single bedroom property, £563 for 2 bedroom, £532 for 3 bedroom, £499 for 4 bedroom and approximately £496 for a 5 bedroom property in Rachel Gardens, Selly Oak, Birmingham, B29 area.

Popular Houses in Rachel Gardens, Selly Oak, Birmingham, B29

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 Rachel Gardens, Selly Oak, Birmingham, B29