Southwick Drive, Tamworth, B77

Street Guide For Southwick Drive, Tamworth, B77

 

Southwick Drive, Tamworth, B77 Map

Estimated Price: £127,425
Average Asking Price: £180,772
Price change in last one year: £8,303
Average Price Paid: £113,463
Average Rent Rates: £742

 

Property Prices Breakdown in Southwick Drive, Tamworth, B77

Average Price for property in Southwick Drive, Tamworth, B77 is around £127,425 which varies based on type of property you are interested in and ranges from £174,135 for detached house to around £158,181 for semi-detached. Similarly terraced house is around £93,269 and a flat is worth £138,670. Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,572 in last 6 months, £8,303 in last 1 year, £14,002 in last 2 years, £14,477 in last 3 years, £13,854 in last 4 years and £13,385 in last 5 years.

Currently average asking price of a property in Southwick Drive, Tamworth, B77 is around £180,772 based on approximately 4 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £742 per month.

Estimated property value in Southwick Drive, Tamworth, B77 is £127,425. Average asking price is £180,772 while average price paid is £122,400 which is up by £8,303 and Avg. asking rent £742.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 Southwick Drive, Tamworth, B77 area. In last 1 year alone average price buyer paid is around £122,400 based on approximately 4 sales in Southwick Drive, Tamworth, B77 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £122,400. 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 £113,463 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £112,235 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 £174,950, £143,441 for a 2 bedroom house, £170,517 for a 3 bedroom house, £249,262 for a 4 bedroom house and £362,970 for a 5 bedroom house. For a flat similarly the prices varies from £85,659 for a single bedroom to £131,306 for a 2 bedroom Flat. To sum up the asking prices for properties in Southwick Drive, Tamworth, B77 it comes to around average £93,100 for 1 bedroom property, £139,690 for 2 bedroom, £170,517 for 3 bedroom, £249,262 for 4 bedroom and £362,970 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 £496 for 1 bedroom to £608 for 2 bedrooms, £708 for 3 bedrooms, £998 for 4 bedrooms and £1,599 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £495. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £805. You should be generally be expecting around average £495 rent per month for single bedroom property, £658 for 2 bedroom, £708 for 3 bedroom, £998 for 4 bedroom and approximately £1,599 for a 5 bedroom property in Southwick Drive, Tamworth, B77 area.

Popular Houses in Southwick Drive, Tamworth, B77

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 Southwick Drive, Tamworth, B77