The Oaks, Castle Bromwich, Birmingham, B34

Street Guide For The Oaks, Castle Bromwich, Birmingham, B34

 

The Oaks, Castle Bromwich, Birmingham, B34 Map

Estimated Price: £80,581
Average Asking Price: £139,582
Price change in last one year: £5,775
Average Price Paid: £55,000
Average Rent Rates: £896

 

Property Prices Breakdown in The Oaks, Castle Bromwich, Birmingham, B34

Values have been changing and have risen £494 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,674 in last 6 months, £5,775 in last 1 year, £8,896 in last 2 years, £9,142 in last 3 years, £8,096 in last 4 years and £8,634 in last 5 years.

Currently average asking price of a property in The Oaks, Castle Bromwich, Birmingham, B34 is around £139,582 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £896 per month.

Estimated property value in The Oaks, Castle Bromwich, Birmingham, B34 is £80,581. Average asking price is £139,582 while average price paid is £55,000 which is up by £9,142 and Avg. asking rent £896.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 Oaks, Castle Bromwich, Birmingham, B34 area. In last 3 years alone average price buyer paid is around £55,000 based on approximately 1 sales in The Oaks, Castle Bromwich, Birmingham, B34 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £55,000. 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 £55,000 for 1 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 £69,950, £117,853 for a 2 bedroom house, £154,633 for a 3 bedroom house and £224,988 for a 4 bedroom house. For a flat the prices of 2 bedroom is £80,492. To sum up the asking prices for properties in The Oaks, Castle Bromwich, Birmingham, B34 it comes to around average £69,950 for 1 bedroom property, £107,392 for 2 bedroom, £154,633 for 3 bedroom and £224,988 for 4 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 £582 for 2 bedroom to £672 for 3 bedroom and £849 for 4 bedroom. But if you are interested in renting a 3 bedroom flat then rent per month can be around £574. You should be generally be expecting around average £582 rent per month for 2 bedroom property, £623 for 3 bedroom and approximately £849 for 4 bedroom property in The Oaks, Castle Bromwich, Birmingham, B34 area.

Popular Houses in The Oaks, Castle Bromwich, Birmingham, B34

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 Oaks, Castle Bromwich, Birmingham, B34