Ridgacre Road, Quinton, Birmingham, B32

Street Guide For Ridgacre Road, Quinton, Birmingham, B32

 

Ridgacre Road, Quinton, Birmingham, B32 Map

Estimated Price: £180,855
Average Asking Price: £151,401
Price change in last one year: £11,395
Average Price Paid: £164,323
Average Rent Rates: £667

 

Property Prices Breakdown in Ridgacre Road, Quinton, Birmingham, B32

Average Price for property in Ridgacre Road, Quinton, Birmingham, B32 is around £180,855 which varies based on type of property you are interested in and ranges from £347,015 for detached house to around £162,379 for semi-detached. Similarly terraced house is around £161,585 and a flat is worth £97,843. Values have been changing and have risen £245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,835 in last 6 months, £11,395 in last 1 year, £19,955 in last 2 years, £20,245 in last 3 years, £16,850 in last 4 years and £18,702 in last 5 years.

Currently average asking price of a property in Ridgacre Road, Quinton, Birmingham, B32 is around £151,401 based on approximately 11 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £667 per month.

Estimated property value in Ridgacre Road, Quinton, Birmingham, B32 is £180,855. Average asking price is £151,401 while average price paid is £196,268 which is up by £11,395 and Avg. asking rent £667.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 Ridgacre Road, Quinton, Birmingham, B32 area. In last 1 year alone average price buyer paid is around £196,268 based on approximately 11 sales in Ridgacre Road, Quinton, Birmingham, B32 area alone. If you compare it to last 3 years sales of 27 properties where buyers paid around £162,850. 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 £164,323 for 45 and average amount paid for purchase of approx. 64 properties sold in last 7 years comes to about £158,861 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 £138,927, £150,558 for a 3 bedroom house, £214,840 for a 4 bedroom house and £449,975 for a 5 bedroom house. For a flat similarly the prices varies from £65,936 for a single bedroom to £85,385 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £93,967. To sum up the asking prices for properties in Ridgacre Road, Quinton, Birmingham, B32 it comes to around average £65,936 for 1 bedroom property, £122,195 for 2 bedroom, £149,132 for 3 bedroom, £214,840 for 4 bedroom and £449,975 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 £377 for 1 bedroom to £632 for 2 bedroom, £710 for 3 bedroom and £853 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £502. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £680. You should be generally be expecting around average £377 rent per month for single bedroom property, £571 for 2 bedroom, £709 for 3 bedroom and approximately £853 for 4 bedroom property in Ridgacre Road, Quinton, Birmingham, B32 area.

Popular Houses in Ridgacre Road, Quinton, Birmingham, B32

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 Ridgacre Road, Quinton, Birmingham, B32