The Croftway, Birmingham, B20

Street Guide For The Croftway, Birmingham, B20

 
 

The Croftway, Birmingham, B20 Map

Estimated Price: £163,426
Average Asking Price: £189,173
Price change in last one year: £12,937
Average Price Paid: £133,916
Average Rent Rates: £561

Lloyds Property Services
4 Wood End Road BIRMINGHAM Warwickshire
Lloyds Property Services
Lloyds Property Services, 4, Wood End Road

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Property Prices Breakdown in The Croftway, Birmingham, B20

Average Price for property in The Croftway, Birmingham, B20 is around £163,426 which varies based on type of property you are interested in and ranges from £209,177 for detached house to around £154,089 for semi-detached. Similarly terraced house is around £203,582. Values have been changing and have risen £1,354 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,101 in last 6 months, £12,937 in last 1 year, £18,289 in last 2 years, £17,527 in last 3 years, £18,763 in last 4 years and £19,225 in last 5 years.

Currently average asking price of a property in The Croftway, Birmingham, B20 is around £189,173 based on approximately 1 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £561 per month.

Estimated property value in The Croftway, Birmingham, B20 is £163,426. Average asking price is £189,173 while average price paid is £120,000 which is up by £12,937 and Avg. asking rent £561.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 The Croftway, Birmingham, B20 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in The Croftway, Birmingham, B20 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £115,500. 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 £133,916 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £133,916 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 2 bedroom is around £124,328, £152,538 for a 3 bedroom house, £253,797 for a 4 bedroom house and £278,196 for a 5 bedroom house. For a flat similarly the prices varies from £78,732 for a 2 bedroom to £69,996 for a 3 bedroom Flat. To sum up the asking prices for properties in The Croftway, Birmingham, B20 it comes to around average £108,148 for 2 bedroom property, £148,828 for 3 bedroom, £253,797 for 4 bedroom and £278,196 for 5 bedroom.

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 £298 for 1 bedroom to £477 for 2 bedrooms, £553 for 3 bedrooms, £410 for 4 bedrooms and £566 for 5 bedrooms house. 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 £490, £508 for 3 bedroom and £386 for 5 bedroom. You should be generally be expecting around average £400 rent per month for single bedroom property, £489 for 2 bedroom, £546 for 3 bedroom, £410 for 4 bedroom and approximately £544 for a 5 bedroom property in The Croftway, Birmingham, B20 area.

Popular Houses in The Croftway, Birmingham, B20

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 The Croftway, Birmingham, B20