Terrace Road, Birmingham, B19

Street Guide For Terrace Road, Birmingham, B19

 

Terrace Road, Birmingham, B19 Map

Estimated Price: £83,728
Average Asking Price: £136,611
Price change in last one year: £5,827
Average Price Paid: £111,666
Average Rent Rates: £550

 

Property Prices Breakdown in Terrace Road, Birmingham, B19

Average Price for property in Terrace Road, Birmingham, B19 is around £83,728 e.g. average price for terraced house is around 83,728. Values have been changing and have risen £108 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £253 in last 6 months, £5,827 in last 1 year, £9,620 in last 2 years, £9,192 in last 3 years, £7,581 in last 4 years and £9,047 in last 5 years.

Currently average asking price of a property in Terrace Road, Birmingham, B19 is around £136,611 based on approximately 0 properties for sale. Same is the case with rental options based on 35 properties up for rent, average asking rent is around £550 per month.

Estimated property value in Terrace Road, Birmingham, B19 is £83,728. Average asking price is £136,611 while average price paid is £112,500 which is up by £9,192 and Avg. asking rent £550.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 Terrace Road, Birmingham, B19 area. In last 3 years alone average price buyer paid is around £112,500 based on approximately 2 sales in Terrace Road, Birmingham, B19 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £111,666. 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 £111,666 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 1 bedroom is around £78,500, £108,929 for a 2 bedroom house, £122,993 for a 3 bedroom house, £147,374 for a 4 bedroom house and £219,988 for a 5 bedroom house. For a flat similarly the prices varies from £90,747 for a 2 bedroom to £65,812 for a 3 bedroom Flat. To sum up the asking prices for properties in Terrace Road, Birmingham, B19 it comes to around average £78,500 for 1 bedroom property, £98,539 for 2 bedroom, £118,228 for 3 bedroom, £147,374 for 4 bedroom and £219,988 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 £425 for 1 bedroom to £524 for 2 bedroom, £451 for 3 bedroom and £522 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £672 and £351 for 4 bedroom. You should be generally be expecting around average £426 rent per month for single bedroom property, £598 for 2 bedroom, £451 for 3 bedroom, £351 for 4 bedroom and approximately £522 for a 5 bedroom property in Terrace Road, Birmingham, B19 area.

Popular Houses in Terrace Road, Birmingham, B19

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 Terrace Road, Birmingham, B19