Spring Lane, Lapworth, Solihull, B94

Street Guide For Spring Lane, Lapworth, Solihull, B94

 

Spring Lane, Lapworth, Solihull, B94 Map

Estimated Price: £737,469
Average Asking Price: £602,314
Price change in last one year: £48,483
Average Price Paid: £787,500
Average Rent Rates: £1,363

 

Property Prices Breakdown in Spring Lane, Lapworth, Solihull, B94

Average Price for property in Spring Lane, Lapworth, Solihull, B94 is around £737,469 e.g. average price for detached house is around 737,469. Values have been changing and have risen £2,587 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,059 in last 6 months, £48,483 in last 1 year, £82,036 in last 2 years, £85,070 in last 3 years, £75,567 in last 4 years and £80,700 in last 5 years.

Currently average asking price of a property in Spring Lane, Lapworth, Solihull, B94 is around £602,314 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,363 per month.

Estimated property value in Spring Lane, Lapworth, Solihull, B94 is £737,469. Average asking price is £602,314 while average price paid is £787,500 which is up by £85,070 and Avg. asking rent £1,363.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 Spring Lane, Lapworth, Solihull, B94 area. In last 3 years alone average price buyer paid is around £787,500 based on approximately 2 sales in Spring Lane, Lapworth, Solihull, B94 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £787,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £671,666 for 3 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 £140,650, £384,975 for a 3 bedroom house, £644,646 for a 4 bedroom house and £1,021,990 for a 5 bedroom house. For a flat similarly the prices varies from £375,000 for a single bedroom to £376,633 for a 2 bedroom Flat. To sum up the asking prices for properties in Spring Lane, Lapworth, Solihull, B94 it comes to around average £375,000 for 1 bedroom property, £258,642 for 2 bedroom, £384,975 for 3 bedroom, £644,646 for 4 bedroom and £1,021,990 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 £823 for 2 bedroom to £1,098 for 3 bedroom, £1,248 for 4 bedroom and £2,951 for 5 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £686 rent per month for 2 bedroom property, £1,098 for 3 bedroom, £1,248 for 4 bedroom and approximately £2,951 for 5 bedroom property in Spring Lane, Lapworth, Solihull, B94 area.

Popular Houses in Spring Lane, Lapworth, Solihull, B94

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 Spring Lane, Lapworth, Solihull, B94