The Rise, Hopwood, Alvechurch, Birmingham, B48

Street Guide For The Rise, Hopwood, Alvechurch, Birmingham, B48

 
 

The Rise, Hopwood, Alvechurch, Birmingham, B48 Map

Estimated Price: £411,830
Average Asking Price: £467,602
Price change in last one year: £25,734
Average Price Paid: £276,666
Average Rent Rates: £750

AP Morgan Estate Agents
4 Worcester Road, Bromsgrove, B61 7AE
Property Link Letting Agency (Derry)
13 Strand Road, L/Derry, Co. Londonderry, BT48 7BJ

Free House valuation

 

Property Prices Breakdown in The Rise, Hopwood, Alvechurch, Birmingham, B48

Average Price for property in The Rise, Hopwood, Alvechurch, Birmingham, B48 is around £411,830 e.g. average price for detached house is around 411,830. Values have been changing and have risen £1,099 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,637 in last 6 months, £25,734 in last 1 year, £44,733 in last 2 years, £46,123 in last 3 years, £42,132 in last 4 years and £43,557 in last 5 years.

Currently average asking price of a property in The Rise, Hopwood, Alvechurch, Birmingham, B48 is around £467,602 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £750 per month.

Estimated property value in The Rise, Hopwood, Alvechurch, Birmingham, B48 is £411,830. Average asking price is £467,602 while average price paid is £305,000 which is up by £46,123 and Avg. asking rent £750.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 Rise, Hopwood, Alvechurch, Birmingham, B48 area. In last 3 years alone average price buyer paid is around £305,000 based on approximately 2 sales in The Rise, Hopwood, Alvechurch, Birmingham, B48 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £276,666. 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 £276,666 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 £114,975, £355,995 for a 3 bedroom house, £650,000 for a 4 bedroom house and £742,488 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £185,000 for a 2 bedroom Flat. To sum up the asking prices for properties in The Rise, Hopwood, Alvechurch, Birmingham, B48 it comes to around average £138,317 for 1 bedroom property, £185,000 for 2 bedroom, £355,995 for 3 bedroom, £650,000 for 4 bedroom and £742,488 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 £750 for 2 bedroom to £849 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £650. You should be generally be expecting around average £650 rent per month for single bedroom property, £750 for 2 bedroom and approximately £849 for 3 bedroom property in The Rise, Hopwood, Alvechurch, Birmingham, B48 area.

Popular Houses in The Rise, Hopwood, Alvechurch, Birmingham, B48

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 Rise, Hopwood, Alvechurch, Birmingham, B48