Thetford Road, Great Barr, Birmingham, B42

Street Guide For Thetford Road, Great Barr, Birmingham, B42

 

Thetford Road, Great Barr, Birmingham, B42 Map

Estimated Price: £147,694
Average Asking Price: £173,443
Price change in last one year: £9,276
Average Price Paid: £126,100
Average Rent Rates: £752

 

Property Prices Breakdown in Thetford Road, Great Barr, Birmingham, B42

Average Price for property in Thetford Road, Great Barr, Birmingham, B42 is around £147,694 which varies based on type of property you are interested in and ranges from £147,695 for semi-detached to around £147,690 for terraced house. Values have been changing and have risen £626 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,569 in last 6 months, £9,276 in last 1 year, £13,870 in last 2 years, £13,433 in last 3 years, £12,648 in last 4 years and £12,753 in last 5 years.

Currently average asking price of a property in Thetford Road, Great Barr, Birmingham, B42 is around £173,443 based on approximately 5 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £752 per month.

Estimated property value in Thetford Road, Great Barr, Birmingham, B42 is £147,694. Average asking price is £173,443 while average price paid is £150,200 which is up by £9,276 and Avg. asking rent £752.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 Thetford Road, Great Barr, Birmingham, B42 area. In last 1 year alone average price buyer paid is around £150,200 based on approximately 5 sales in Thetford Road, Great Barr, Birmingham, B42 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £127,038. 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 £126,100 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £126,600 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 £108,066, £155,059 for a 3 bedroom house, £259,142 for a 4 bedroom house and £315,650 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £87,205 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £80,000. To sum up the asking prices for properties in Thetford Road, Great Barr, Birmingham, B42 it comes to around average £55,000 for 1 bedroom property, £100,417 for 2 bedroom, £154,072 for 3 bedroom, £259,142 for 4 bedroom and £315,650 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 £397 for 1 bedroom to £573 for 2 bedrooms, £548 for 3 bedrooms, £556 for 4 bedrooms and £849 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £373. As the no. of bedroom increase so will the rent e.g. for a 4 bedroom flat it will be around £550. You should be generally be expecting around average £389 rent per month for single bedroom property, £573 for 2 bedroom, £548 for 3 bedroom, £555 for 4 bedroom and approximately £849 for a 5 bedroom property in Thetford Road, Great Barr, Birmingham, B42 area.

Popular Houses in Thetford Road, Great Barr, Birmingham, B42

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 Thetford Road, Great Barr, Birmingham, B42