Rivermead Park, Hodge Hill, Birmingham, B34

Street Guide For Rivermead Park, Hodge Hill, Birmingham, B34

 

Rivermead Park, Hodge Hill, Birmingham, B34 Map

Estimated Price: £167,712
Average Asking Price: £139,582
Price change in last one year: £12,009
Average Price Paid: £141,491
Average Rent Rates: £896

 

Property Prices Breakdown in Rivermead Park, Hodge Hill, Birmingham, B34

Average Price for property in Rivermead Park, Hodge Hill, Birmingham, B34 is around £167,712 which varies based on type of property you are interested in and ranges from £170,634 for detached house to around £155,726 for semi-detached. Similarly terraced house is around £159,843. Values have been changing and have risen £1,027 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,481 in last 6 months, £12,009 in last 1 year, £18,498 in last 2 years, £19,003 in last 3 years, £16,822 in last 4 years and £17,936 in last 5 years.

Currently average asking price of a property in Rivermead Park, Hodge Hill, Birmingham, B34 is around £139,582 based on approximately 1 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £896 per month.

Estimated property value in Rivermead Park, Hodge Hill, Birmingham, B34 is £167,712. Average asking price is £139,582 while average price paid is £118,000 which is up by £12,009 and Avg. asking rent £896.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 Rivermead Park, Hodge Hill, Birmingham, B34 area. In last 1 year alone average price buyer paid is around £118,000 based on approximately 1 sales in Rivermead Park, Hodge Hill, Birmingham, B34 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £127,666. 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 £141,491 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £138,421 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 £69,950, £117,853 for a 2 bedroom house, £154,633 for a 3 bedroom house and £224,988 for a 4 bedroom house. For a flat the prices of 2 bedroom is £80,492. To sum up the asking prices for properties in Rivermead Park, Hodge Hill, Birmingham, B34 it comes to around average £69,950 for 1 bedroom property, £107,392 for 2 bedroom, £154,633 for 3 bedroom and £224,988 for 4 bedroom.

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 £582 for 2 bedroom to £672 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £574. You should be generally be expecting around average £582 rent per month for 2 bedroom property, £623 for 3 bedroom and approximately £849 for 4 bedroom property in Rivermead Park, Hodge Hill, Birmingham, B34 area.

Popular Houses in Rivermead Park, Hodge Hill, Birmingham, B34

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 Rivermead Park, Hodge Hill, Birmingham, B34