Walter Street, Nechells, Birmingham, B7

Street Guide For Walter Street, Nechells, Birmingham, B7

 
 

Walter Street, Nechells, Birmingham, B7 Map

Estimated Price: £53,384
Average Asking Price: £148,994
Price change in last one year: £3,103
Average Price Paid: £48,564
Average Rent Rates: £1,559

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

Free House valuation

 

Property Prices Breakdown in Walter Street, Nechells, Birmingham, B7

Average Price for property in Walter Street, Nechells, Birmingham, B7 is around £53,384 which varies based on type of property you are interested in and ranges from £49,816 for semi-detached to around £55,168 for terraced house. Values have been changing and have risen £214 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £635 in last 6 months, £3,103 in last 1 year, £6,019 in last 2 years, £6,270 in last 3 years, £5,468 in last 4 years and £5,757 in last 5 years.

Currently average asking price of a property in Walter Street, Nechells, Birmingham, B7 is around £148,994 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,559 per month.

Estimated property value in Walter Street, Nechells, Birmingham, B7 is £53,384. Average asking price is £148,994 while average price paid is £28,750 which is up by £6,270 and Avg. asking rent £1,559.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 Walter Street, Nechells, Birmingham, B7 area. In last 3 years alone average price buyer paid is around £28,750 based on approximately 1 sales in Walter Street, Nechells, Birmingham, B7 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £48,564. 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 £48,564 for 2 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 £90,000 and £121,650 for a 3 bedroom house. For a flat similarly the prices varies from £60,000 for a 2 bedroom to £69,995 for a 3 bedroom Flat. To sum up the asking prices for properties in Walter Street, Nechells, Birmingham, B7 it comes to around average £75,000 for 2 bedroom property and £108,736 for 3 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 £1,291 for 1 bedroom to £782 for 3 bedroom, £1,300 for 4 bedroom and £1,625 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £477. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £530. You should be generally be expecting around average £884 rent per month for single bedroom property, £614 for 3 bedroom, £1,300 for 4 bedroom and approximately £1,625 for 5 bedroom property in Walter Street, Nechells, Birmingham, B7 area.

Popular Houses in Walter Street, Nechells, Birmingham, B7

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 Walter Street, Nechells, Birmingham, B7