Stanhope Road, Bearwood, Smethwick, B67

Street Guide For Stanhope Road, Bearwood, Smethwick, B67

 

Stanhope Road, Bearwood, Smethwick, B67 Map

Estimated Price: £135,234
Average Asking Price: £155,758
Price change in last one year: £8,209
Average Price Paid: £112,250
Average Rent Rates: £585

 

Property Prices Breakdown in Stanhope Road, Bearwood, Smethwick, B67

Average Price for property in Stanhope Road, Bearwood, Smethwick, B67 is around £135,234 which varies based on type of property you are interested in and ranges from £137,908 for semi-detached to around £117,409 for terraced house. Values have been changing and have risen £722 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,322 in last 6 months, £8,209 in last 1 year, £13,729 in last 2 years, £14,467 in last 3 years, £13,022 in last 4 years and £12,770 in last 5 years.

Currently average asking price of a property in Stanhope Road, Bearwood, Smethwick, B67 is around £155,758 based on approximately 0 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £585 per month.

Estimated property value in Stanhope Road, Bearwood, Smethwick, B67 is £135,234. Average asking price is £155,758 while average price paid is £112,250 which is up by £12,770 and Avg. asking rent £585.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 Stanhope Road, Bearwood, Smethwick, B67 area. In last 5 years alone average price buyer paid is around £112,250 based on approximately 2 sales in Stanhope Road, Bearwood, Smethwick, B67 area alone. If you compare it to last 7 years sales of 7 properties where buyers paid around £99,350.

 
 

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 £114,756, £142,202 for a 3 bedroom house, £221,046 for a 4 bedroom house and £288,440 for a 5 bedroom house. For a flat similarly the prices varies from £75,225 for a single bedroom to £64,667 for a 2 bedroom Flat. To sum up the asking prices for properties in Stanhope Road, Bearwood, Smethwick, B67 it comes to around average £75,225 for 1 bedroom property, £112,293 for 2 bedroom, £142,202 for 3 bedroom, £221,046 for 4 bedroom and £288,440 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 £435 for 1 bedroom to £555 for 2 bedroom, £613 for 3 bedroom and £693 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £439. You should be generally be expecting around average £436 rent per month for single bedroom property, £555 for 2 bedroom, £613 for 3 bedroom and approximately £693 for 4 bedroom property in Stanhope Road, Bearwood, Smethwick, B67 area.

Popular Houses in Stanhope Road, Bearwood, Smethwick, B67

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 Stanhope Road, Bearwood, Smethwick, B67