Sundbury Rise, Birmingham, B31

Street Guide For Sundbury Rise, Birmingham, B31

 

Sundbury Rise, Birmingham, B31 Map

Estimated Price: £464,189
Average Asking Price: £147,900
Price change in last one year: £31,242
Average Price Paid: £362,500
Average Rent Rates: £647

 

Property Prices Breakdown in Sundbury Rise, Birmingham, B31

Average Price for property in Sundbury Rise, Birmingham, B31 is around £464,189 e.g. average price for detached house is around 464,189. Values have been changing and have risen £3,607 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,928 in last 6 months, £31,242 in last 1 year, £51,156 in last 2 years, £54,149 in last 3 years, £49,502 in last 4 years and £50,725 in last 5 years.

Currently average asking price of a property in Sundbury Rise, Birmingham, B31 is around £147,900 based on approximately 0 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £647 per month.

Estimated property value in Sundbury Rise, Birmingham, B31 is £464,189. Average asking price is £147,900 while average price paid is £380,000 which is up by £54,149 and Avg. asking rent £647.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 Sundbury Rise, Birmingham, B31 area. In last 3 years alone average price buyer paid is around £380,000 based on approximately 1 sales in Sundbury Rise, Birmingham, B31 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £362,500. 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 £362,500 for 2 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 £114,342, £132,965 for a 2 bedroom house, £146,194 for a 3 bedroom house, £243,056 for a 4 bedroom house and £338,750 for a 5 bedroom house. For a flat similarly the prices varies from £104,084 for a single bedroom to £92,744 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £87,500. To sum up the asking prices for properties in Sundbury Rise, Birmingham, B31 it comes to around average £107,206 for 1 bedroom property, £113,257 for 2 bedroom, £144,702 for 3 bedroom, £243,056 for 4 bedroom and £338,750 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 £451 for 1 bedroom to £611 for 2 bedroom, £672 for 3 bedroom and £792 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £473. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £627 and £562 for 3 bedroom. You should be generally be expecting around average £471 rent per month for single bedroom property, £623 for 2 bedroom, £652 for 3 bedroom and approximately £792 for 4 bedroom property in Sundbury Rise, Birmingham, B31 area.

Popular Houses in Sundbury Rise, Birmingham, B31

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 Sundbury Rise, Birmingham, B31