Sheppey Drive, Birmingham, B36

Street Guide For Sheppey Drive, Birmingham, B36

 
 

Sheppey Drive, Birmingham, B36 Map

Estimated Price: £100,329
Average Asking Price: £205,158
Price change in last one year: £5,277
Average Price Paid: £92,825
Average Rent Rates: £674

Lloyds Property Services
4 Wood End Road BIRMINGHAM Warwickshire
Lloyds Property Services
Lloyds Property Services, 4, Wood End Road

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Property Prices Breakdown in Sheppey Drive, Birmingham, B36

Average Price for property in Sheppey Drive, Birmingham, B36 is around £100,329 which varies based on type of property you are interested in and ranges from £103,630 for terraced house to around £80,524 for a flat. Values have been changing and have risen £168 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £452 in last 6 months, £5,277 in last 1 year, £8,065 in last 2 years, £9,692 in last 3 years, £8,393 in last 4 years and £9,542 in last 5 years.

Currently average asking price of a property in Sheppey Drive, Birmingham, B36 is around £205,158 based on approximately 2 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £674 per month.

Estimated property value in Sheppey Drive, Birmingham, B36 is £100,329. Average asking price is £205,158 while average price paid is £92,000 which is up by £5,277 and Avg. asking rent £674.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 Sheppey Drive, Birmingham, B36 area. In last 1 year alone average price buyer paid is around £92,000 based on approximately 2 sales in Sheppey Drive, Birmingham, B36 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £86,750. 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 £92,825 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £92,825 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 £150,962, £139,068 for a 2 bedroom house, £161,920 for a 3 bedroom house, £305,698 for a 4 bedroom house and £312,778 for a 5 bedroom house. For a flat similarly the prices varies from £103,183 for a single bedroom to £123,816 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £57,500. To sum up the asking prices for properties in Sheppey Drive, Birmingham, B36 it comes to around average £122,295 for 1 bedroom property, £135,089 for 2 bedroom, £158,256 for 3 bedroom, £305,698 for 4 bedroom and £312,778 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 £375 for 1 bedroom to £692 for 3 bedroom and £997 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £420 rent per month for single bedroom property, £576 for 2 bedroom, £692 for 3 bedroom and approximately £997 for 4 bedroom property in Sheppey Drive, Birmingham, B36 area.

Popular Houses in Sheppey Drive, Birmingham, B36

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 Sheppey Drive, Birmingham, B36