Area Guide For West Midlands

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 £109,042, £124,706 for a 2 bedroom house, £159,851 for a 3 bedroom house, £302,952 for a 4 bedroom house and £431,484 for a 5 bedroom house. For a flat similarly the prices varies from £93,972 for a single bedroom to £127,413 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £182,012 and £275,782 for a 4 bedroom flat. To sum up the asking prices for properties in West Midlands it comes to around average £96,319 for 1 bedroom property, £125,845 for 2 bedroom, £160,280 for 3 bedroom, £302,876 for 4 bedroom and £431,484 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 £407 for 1 bedroom to £586 for 2 bedrooms, £669 for 3 bedrooms, £903 for 4 bedrooms and £946 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £474. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £658, £748 for 3 bedroom, £994 for 4 bedroom and around £754 for 5 bedroom flat. You should be generally be expecting around average £452 rent per month for single bedroom property, £630 for 2 bedroom, £675 for 3 bedroom, £906 for 4 bedroom and approximately £941 for a 5 bedroom property in West Midlands area.