Summer Hill, Halesowen, B63

Street Guide For Summer Hill, Halesowen, B63

 

Summer Hill, Halesowen, B63 Map

Estimated Price: £143,663
Average Asking Price: £156,319
Price change in last one year: £8,961
Average Price Paid: £104,075
Average Rent Rates: £588

 

Property Prices Breakdown in Summer Hill, Halesowen, B63

Average Price for property in Summer Hill, Halesowen, B63 is around £143,663 which varies based on type of property you are interested in and ranges from £150,108 for detached house to around £237,542 for semi-detached. Similarly terraced house is around £121,805 and a flat is worth £138,061. Values have been changing and have risen £767 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,502 in last 6 months, £8,961 in last 1 year, £15,655 in last 2 years, £15,481 in last 3 years, £14,069 in last 4 years and £15,316 in last 5 years.

Currently average asking price of a property in Summer Hill, Halesowen, B63 is around £156,319 based on approximately 0 properties for sale. Same is the case with rental options based on 49 properties up for rent, average asking rent is around £588 per month.

Estimated property value in Summer Hill, Halesowen, B63 is £143,663. Average asking price is £156,319 while average price paid is £106,737 which is up by £15,481 and Avg. asking rent £588.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 Summer Hill, Halesowen, B63 area. In last 3 years alone average price buyer paid is around £106,737 based on approximately 4 sales in Summer Hill, Halesowen, B63 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £104,075. 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 £115,705 for 9 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 £99,950, £132,658 for a 2 bedroom house, £162,785 for a 3 bedroom house, £248,917 for a 4 bedroom house and £284,950 for a 5 bedroom house. For a flat similarly the prices varies from £91,721 for a single bedroom to £96,011 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £84,950. To sum up the asking prices for properties in Summer Hill, Halesowen, B63 it comes to around average £92,505 for 1 bedroom property, £120,077 for 2 bedroom, £162,102 for 3 bedroom, £248,917 for 4 bedroom and £284,950 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 £535 for 2 bedroom to £659 for 3 bedroom and £1,200 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £392. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £524 and £663 for 3 bedroom. You should be generally be expecting around average £392 rent per month for single bedroom property, £531 for 2 bedroom, £660 for 3 bedroom and approximately £1,200 for 5 bedroom property in Summer Hill, Halesowen, B63 area.

Popular Houses in Summer Hill, Halesowen, B63

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 Summer Hill, Halesowen, B63