Worcester Lane, Sutton Coldfield, B75

Street Guide For Worcester Lane, Sutton Coldfield, B75

 
 

Worcester Lane, Sutton Coldfield, B75 Map

Estimated Price: £303,631
Average Asking Price: £333,089
Price change in last one year: £18,164
Average Price Paid: £242,322
Average Rent Rates: £742

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 Worcester Lane, Sutton Coldfield, B75

Average Price for property in Worcester Lane, Sutton Coldfield, B75 is around £303,631 which varies based on type of property you are interested in and ranges from £364,296 for detached house to around £283,668 for semi-detached. Similarly terraced house is around £256,367 and a flat is worth £148,254. Values have been changing and have risen £1,006 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,009 in last 6 months, £18,164 in last 1 year, £32,893 in last 2 years, £31,135 in last 3 years, £26,902 in last 4 years and £30,172 in last 5 years.

Currently average asking price of a property in Worcester Lane, Sutton Coldfield, B75 is around £333,089 based on approximately 6 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £742 per month.

Estimated property value in Worcester Lane, Sutton Coldfield, B75 is £303,631. Average asking price is £333,089 while average price paid is £317,491 which is up by £18,164 and Avg. asking rent £742.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 Worcester Lane, Sutton Coldfield, B75 area. In last 1 year alone average price buyer paid is around £317,491 based on approximately 6 sales in Worcester Lane, Sutton Coldfield, B75 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £249,630. 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 £242,322 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £233,361 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 £144,983, £175,496 for a 2 bedroom house, £263,326 for a 3 bedroom house, £436,282 for a 4 bedroom house and £635,784 for a 5 bedroom house. For a flat similarly the prices varies from £133,125 for a single bedroom to £134,981 for a 2 bedroom Flat. To sum up the asking prices for properties in Worcester Lane, Sutton Coldfield, B75 it comes to around average £137,078 for 1 bedroom property, £153,143 for 2 bedroom, £263,326 for 3 bedroom, £436,282 for 4 bedroom and £635,784 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 £431 for 1 bedroom to £732 for 2 bedroom, £779 for 3 bedroom and £1,125 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £501. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £625. You should be generally be expecting around average £474 rent per month for single bedroom property, £659 for 2 bedroom, £778 for 3 bedroom and approximately £1,124 for 4 bedroom property in Worcester Lane, Sutton Coldfield, B75 area.

Popular Houses in Worcester Lane, Sutton Coldfield, B75

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 Worcester Lane, Sutton Coldfield, B75