Rocky Lane, Perry Barr, Birmingham, B42

Street Guide For Rocky Lane, Perry Barr, Birmingham, B42

 

Rocky Lane, Perry Barr, Birmingham, B42 Map

Estimated Price: £144,430
Average Asking Price: £173,848
Price change in last one year: £9,599
Average Price Paid: £125,932
Average Rent Rates: £748

 

Property Prices Breakdown in Rocky Lane, Perry Barr, Birmingham, B42

Average Price for property in Rocky Lane, Perry Barr, Birmingham, B42 is around £144,430 which varies based on type of property you are interested in and ranges from £230,688 for detached house to around £140,252 for semi-detached. Similarly terraced house is around £132,053 and a flat is worth £201,600. Values have been changing and have risen £648 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,623 in last 6 months, £9,599 in last 1 year, £14,353 in last 2 years, £13,899 in last 3 years, £13,084 in last 4 years and £13,193 in last 5 years.

Currently average asking price of a property in Rocky Lane, Perry Barr, Birmingham, B42 is around £173,848 based on approximately 8 properties for sale. Same is the case with rental options based on 96 properties up for rent, average asking rent is around £748 per month.

Estimated property value in Rocky Lane, Perry Barr, Birmingham, B42 is £144,430. Average asking price is £173,848 while average price paid is £112,437 which is up by £9,599 and Avg. asking rent £748.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 Rocky Lane, Perry Barr, Birmingham, B42 area. In last 1 year alone average price buyer paid is around £112,437 based on approximately 8 sales in Rocky Lane, Perry Barr, Birmingham, B42 area alone. If you compare it to last 3 years sales of 22 properties where buyers paid around £123,336. 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 £125,932 for 31 and average amount paid for purchase of approx. 42 properties sold in last 7 years comes to about £130,366 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 £108,066, £155,059 for a 3 bedroom house, £259,142 for a 4 bedroom house and £315,650 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £87,205 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £80,000. To sum up the asking prices for properties in Rocky Lane, Perry Barr, Birmingham, B42 it comes to around average £55,000 for 1 bedroom property, £100,417 for 2 bedroom, £154,072 for 3 bedroom, £259,142 for 4 bedroom and £315,650 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 £397 for 1 bedroom to £573 for 2 bedrooms, £548 for 3 bedrooms, £556 for 4 bedrooms and £849 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £550. You should be generally be expecting around average £389 rent per month for single bedroom property, £573 for 2 bedroom, £548 for 3 bedroom, £555 for 4 bedroom and approximately £849 for a 5 bedroom property in Rocky Lane, Perry Barr, Birmingham, B42 area.

Popular Houses in Rocky Lane, Perry Barr, Birmingham, B42

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 Rocky Lane, Perry Barr, Birmingham, B42