Woodlands Farm Road, Erdington, Birmingham, B24

Street Guide For Woodlands Farm Road, Erdington, Birmingham, B24

 
 

Woodlands Farm Road, Erdington, Birmingham, B24 Map

Estimated Price: £183,717
Average Asking Price: £166,466
Price change in last one year: £11,745
Average Price Paid: £168,303
Average Rent Rates: £575

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

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Property Prices Breakdown in Woodlands Farm Road, Erdington, Birmingham, B24

Average Price for property in Woodlands Farm Road, Erdington, Birmingham, B24 is around £183,717 which varies based on type of property you are interested in and ranges from £225,900 for detached house to around £183,427 for semi-detached. Similarly terraced house is around £176,497. Values have been changing and have risen £747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,287 in last 6 months, £11,745 in last 1 year, £18,716 in last 2 years, £21,084 in last 3 years, £19,166 in last 4 years and £19,371 in last 5 years.

Currently average asking price of a property in Woodlands Farm Road, Erdington, Birmingham, B24 is around £166,466 based on approximately 6 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.

Estimated property value in Woodlands Farm Road, Erdington, Birmingham, B24 is £183,717. Average asking price is £166,466 while average price paid is £165,833 which is up by £11,745 and Avg. asking rent £575.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 Woodlands Farm Road, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £165,833 based on approximately 6 sales in Woodlands Farm Road, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £167,735. 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 £168,303 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £166,743 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 £67,500, £122,671 for a 2 bedroom house, £153,433 for a 3 bedroom house, £219,153 for a 4 bedroom house and £278,333 for a 5 bedroom house. For a flat similarly the prices varies from £69,158 for a single bedroom to £97,986 for a 2 bedroom Flat. To sum up the asking prices for properties in Woodlands Farm Road, Erdington, Birmingham, B24 it comes to around average £68,743 for 1 bedroom property, £110,329 for 2 bedroom, £153,433 for 3 bedroom, £219,153 for 4 bedroom and £278,333 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 £359 for 1 bedroom to £581 for 2 bedrooms, £743 for 3 bedrooms, £773 for 4 bedrooms and £1,062 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £426. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £526 and £650 for 3 bedroom. You should be generally be expecting around average £397 rent per month for single bedroom property, £557 for 2 bedroom, £731 for 3 bedroom, £773 for 4 bedroom and approximately £1,062 for a 5 bedroom property in Woodlands Farm Road, Erdington, Birmingham, B24 area.

Popular Houses in Woodlands Farm Road, Erdington, Birmingham, B24

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 Woodlands Farm Road, Erdington, Birmingham, B24