Rathbone Road, Bearwood, Smethwick, B67

Street Guide For Rathbone Road, Bearwood, Smethwick, B67

 

Rathbone Road, Bearwood, Smethwick, B67 Map

Estimated Price: £175,916
Average Asking Price: £155,758
Price change in last one year: £10,676
Average Price Paid: £130,494
Average Rent Rates: £585

 

Property Prices Breakdown in Rathbone Road, Bearwood, Smethwick, B67

Average Price for property in Rathbone Road, Bearwood, Smethwick, B67 is around £175,916 which varies based on type of property you are interested in and ranges from £190,354 for semi-detached to around £169,324 for terraced house. Values have been changing and have risen £937 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,018 in last 6 months, £10,676 in last 1 year, £17,855 in last 2 years, £18,815 in last 3 years, £16,935 in last 4 years and £16,605 in last 5 years.

Currently average asking price of a property in Rathbone Road, Bearwood, Smethwick, B67 is around £155,758 based on approximately 3 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £585 per month.

Estimated property value in Rathbone Road, Bearwood, Smethwick, B67 is £175,916. Average asking price is £155,758 while average price paid is £125,500 which is up by £10,676 and Avg. asking rent £585.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 Rathbone Road, Bearwood, Smethwick, B67 area. In last 1 year alone average price buyer paid is around £125,500 based on approximately 3 sales in Rathbone Road, Bearwood, Smethwick, B67 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £132,370. 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 £130,494 for 17 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £132,540 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 £114,756, £142,202 for a 3 bedroom house, £221,046 for a 4 bedroom house and £288,440 for a 5 bedroom house. For a flat similarly the prices varies from £75,225 for a single bedroom to £64,667 for a 2 bedroom Flat. To sum up the asking prices for properties in Rathbone Road, Bearwood, Smethwick, B67 it comes to around average £75,225 for 1 bedroom property, £112,293 for 2 bedroom, £142,202 for 3 bedroom, £221,046 for 4 bedroom and £288,440 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 £435 for 1 bedroom to £555 for 2 bedroom, £613 for 3 bedroom and £693 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £439. You should be generally be expecting around average £436 rent per month for single bedroom property, £555 for 2 bedroom, £613 for 3 bedroom and approximately £693 for 4 bedroom property in Rathbone Road, Bearwood, Smethwick, B67 area.

Popular Houses in Rathbone Road, Bearwood, Smethwick, B67

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 Rathbone Road, Bearwood, Smethwick, B67