Spitfire Way, Castle Vale, Birmingham, B35

Street Guide For Spitfire Way, Castle Vale, Birmingham, B35

 

Spitfire Way, Castle Vale, Birmingham, B35 Map

Estimated Price: £156,202
Average Asking Price: £127,683
Price change in last one year: £9,133
Average Price Paid: £128,857
Average Rent Rates: £517

 

Property Prices Breakdown in Spitfire Way, Castle Vale, Birmingham, B35

Average Price for property in Spitfire Way, Castle Vale, Birmingham, B35 is around £156,202 which varies based on type of property you are interested in and ranges from £190,840 for detached house to around £152,538 for semi-detached. Similarly terraced house is around £164,195. Values have been changing and have risen £460 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,607 in last 6 months, £9,133 in last 1 year, £17,287 in last 2 years, £18,023 in last 3 years, £16,101 in last 4 years and £16,557 in last 5 years.

Currently average asking price of a property in Spitfire Way, Castle Vale, Birmingham, B35 is around £127,683 based on approximately 1 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £517 per month.

Estimated property value in Spitfire Way, Castle Vale, Birmingham, B35 is £156,202. Average asking price is £127,683 while average price paid is £124,000 which is up by £9,133 and Avg. asking rent £517.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 Spitfire Way, Castle Vale, Birmingham, B35 area. In last 1 year alone average price buyer paid is around £124,000 based on approximately 1 sales in Spitfire Way, Castle Vale, Birmingham, B35 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £128,000. 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 £128,857 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £132,500 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 3 bedroom is around £129,545 and £177,225 for a 4 bedroom house. For a flat similarly the prices varies from £65,500 for a single bedroom to £89,995 for a 3 bedroom Flat. To sum up the asking prices for properties in Spitfire Way, Castle Vale, Birmingham, B35 it comes to around average £65,500 for 1 bedroom property, £125,950 for 3 bedroom and £177,225 for 4 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £524. 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 £524 rent per month for single bedroom property and approximately £576 for 2 bedroom property in Spitfire Way, Castle Vale, Birmingham, B35 area.

Popular Houses in Spitfire Way, Castle Vale, Birmingham, B35

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 Spitfire Way, Castle Vale, Birmingham, B35