Shaw Lane, Stoke Prior, Bromsgrove, B60

Street Guide For Shaw Lane, Stoke Prior, Bromsgrove, B60

 
 

Shaw Lane, Stoke Prior, Bromsgrove, B60 Map

Estimated Price: £209,733
Average Asking Price: £252,534
Price change in last one year: £11,223
Average Price Paid: £190,950
Average Rent Rates: £1,573

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE

Free House valuation

 

Property Prices Breakdown in Shaw Lane, Stoke Prior, Bromsgrove, B60

Average Price for property in Shaw Lane, Stoke Prior, Bromsgrove, B60 is around £209,733 which varies based on type of property you are interested in and ranges from £308,421 for detached house to around £200,353 for semi-detached. Similarly terraced house is around £164,701 and a flat is worth £144,367. Values have been changing and have risen £319 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,096 in last 6 months, £11,223 in last 1 year, £23,816 in last 2 years, £22,832 in last 3 years, £19,258 in last 4 years and £19,446 in last 5 years.

Currently average asking price of a property in Shaw Lane, Stoke Prior, Bromsgrove, B60 is around £252,534 based on approximately 11 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £1,573 per month.

Estimated property value in Shaw Lane, Stoke Prior, Bromsgrove, B60 is £209,733. Average asking price is £252,534 while average price paid is £170,454 which is up by £11,223 and Avg. asking rent £1,573.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 Shaw Lane, Stoke Prior, Bromsgrove, B60 area. In last 1 year alone average price buyer paid is around £170,454 based on approximately 11 sales in Shaw Lane, Stoke Prior, Bromsgrove, B60 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £187,565. 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 £190,950 for 30 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £194,689 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 £90,506, £172,362 for a 2 bedroom house, £248,145 for a 3 bedroom house, £358,728 for a 4 bedroom house and £538,737 for a 5 bedroom house. For a flat similarly the prices varies from £85,805 for a single bedroom to £97,961 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £425,000. To sum up the asking prices for properties in Shaw Lane, Stoke Prior, Bromsgrove, B60 it comes to around average £87,920 for 1 bedroom property, £142,601 for 2 bedroom, £253,672 for 3 bedroom, £358,728 for 4 bedroom and £538,737 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 £624 for 1 bedroom to £681 for 2 bedrooms, £741 for 3 bedrooms, £1,675 for 4 bedrooms and £1,946 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £496. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £608 and £598 for 3 bedroom. You should be generally be expecting around average £539 rent per month for single bedroom property, £659 for 2 bedroom, £712 for 3 bedroom, £1,675 for 4 bedroom and approximately £1,946 for a 5 bedroom property in Shaw Lane, Stoke Prior, Bromsgrove, B60 area.

Popular Houses in Shaw Lane, Stoke Prior, Bromsgrove, B60

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 Shaw Lane, Stoke Prior, Bromsgrove, B60