Springfield Road, Brierley Hill, DY5

Street Guide For Springfield Road, Brierley Hill, DY5

 

Springfield Road, Brierley Hill, DY5 Map

Estimated Price: £84,075
Average Asking Price: £130,515
Price change in last one year: £3,622
Average Price Paid: £70,690
Average Rent Rates: £808

 

Property Prices Breakdown in Springfield Road, Brierley Hill, DY5

Average Price for property in Springfield Road, Brierley Hill, DY5 is around £84,075 which varies based on type of property you are interested in and ranges from £88,766 for semi-detached to around £79,905 for terraced house. Values have been changing and have risen £151 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £336 in last 6 months, £3,622 in last 1 year, £4,865 in last 2 years, £6,328 in last 3 years, £3,438 in last 4 years and £2,844 in last 5 years.

Currently average asking price of a property in Springfield Road, Brierley Hill, DY5 is around £130,515 based on approximately 1 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £808 per month.

Estimated property value in Springfield Road, Brierley Hill, DY5 is £84,075. Average asking price is £130,515 while average price paid is £80,000 which is up by £3,622 and Avg. asking rent £808.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 Springfield Road, Brierley Hill, DY5 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Springfield Road, Brierley Hill, DY5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £82,150. 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 £70,690 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £74,241 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 £96,100, £109,283 for a 2 bedroom house, £136,443 for a 3 bedroom house, £207,346 for a 4 bedroom house and £270,808 for a 5 bedroom house. For a flat similarly the prices varies from £76,476 for a single bedroom to £95,979 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £88,500. To sum up the asking prices for properties in Springfield Road, Brierley Hill, DY5 it comes to around average £78,541 for 1 bedroom property, £104,900 for 2 bedroom, £135,879 for 3 bedroom, £207,346 for 4 bedroom and £270,808 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 £327 for 1 bedroom to £498 for 2 bedroom, £581 for 3 bedroom and £804 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £348. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £437 and £399 for 3 bedroom. You should be generally be expecting around average £345 rent per month for single bedroom property, £475 for 2 bedroom, £550 for 3 bedroom and approximately £804 for 4 bedroom property in Springfield Road, Brierley Hill, DY5 area.

Popular Houses in Springfield Road, Brierley Hill, DY5

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 Springfield Road, Brierley Hill, DY5