Turnley Road, Castle Bromwich, Birmingham, B34

Street Guide For Turnley Road, Castle Bromwich, Birmingham, B34

 

Turnley Road, Castle Bromwich, Birmingham, B34 Map

Estimated Price: £167,840
Average Asking Price: £180,549
Price change in last one year: £11,892
Average Price Paid: £149,114
Average Rent Rates: £706

 

Property Prices Breakdown in Turnley Road, Castle Bromwich, Birmingham, B34

Average Price for property in Turnley Road, Castle Bromwich, Birmingham, B34 is around £167,840 Values have been changing and have risen £768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,362 in last 6 months, £11,892 in last 1 year, £17,873 in last 2 years, £19,518 in last 3 years, £17,647 in last 4 years and £17,654 in last 5 years.

Currently average asking price of a property in Turnley Road, Castle Bromwich, Birmingham, B34 is around £180,549 based on approximately 193 properties for sale. Same is the case with rental options based on 8 properties up for rent, average asking rent is around £706 per month.

Estimated property value in Turnley Road, Castle Bromwich, Birmingham, B34 is £167,840. Average asking price is £180,549 while average price paid is £148,275 which is up by £11,892 and Avg. asking rent £706.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 Turnley Road, Castle Bromwich, Birmingham, B34 area. In last 1 year alone average price buyer paid is around £148,275 based on approximately 193 sales in Turnley Road, Castle Bromwich, Birmingham, B34 area alone. If you compare it to last 3 years sales of 587 properties where buyers paid around £149,565. 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 £149,114 for 927 and average amount paid for purchase of approx. 1,226 properties sold in last 7 years comes to about £147,912 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 £150,962, £142,273 for a 2 bedroom house, £172,693 for a 3 bedroom house, £289,977 for a 4 bedroom house and £245,000 for a 5 bedroom house. For a flat similarly the prices varies from £103,183 for a single bedroom to £120,725 for a 2 bedroom Flat. To sum up the asking prices for properties in Turnley Road, Castle Bromwich, Birmingham, B34 it comes to around average £122,295 for 1 bedroom property, £137,737 for 2 bedroom, £172,693 for 3 bedroom, £289,977 for 4 bedroom and £245,000 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 £768 for 3 bedroom to £997 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576 and £550 for 3 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property, £576 for 2 bedroom, £724 for 3 bedroom and approximately £997 for 4 bedroom property in Turnley Road, Castle Bromwich, Birmingham, B34 area.

Popular Houses in Turnley Road, 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 Turnley Road, Castle Bromwich, Birmingham, B34