B3

Real Estate Area Guide For B3

 

B3 Map

Estimated Price: £154,189
Average Asking Price: £286,053
Price change in last one year: £7,936
Average Price Paid: £143,057
Average Rent Rates: £1,516

 

Property Prices Breakdown in B3

Average Price for property in B3 is around £154,189 which varies based on type of property you are interested in and ranges from £165,804 for detached house to around £210,994 for semi-detached. Similarly terraced house is around £161,340 and a flat is worth £153,878. Values have been changing and have risen £476 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,593 in last 6 months, £7,936 in last 1 year, £11,654 in last 2 years, £16,651 in last 3 years, £11,109 in last 4 years and £13,264 in last 5 years.

Currently average asking price of a property in B3 is around £286,053 based on approximately 73 properties for sale. Same is the case with rental options based on 45 properties up for rent, average asking rent is around £1,516 per month.

Estimated property value in B3 is £154,189. Average asking price is £286,053 while average price paid is £142,693 which is up by £7,936 and Avg. asking rent £1,516.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 B3 area. In last 1 year alone average price buyer paid is around £142,693 based on approximately 73 sales in B3 area alone. If you compare it to last 3 years sales of 162 properties where buyers paid around £144,489. 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 £143,057 for 272 and average amount paid for purchase of approx. 492 properties sold in last 7 years comes to about £144,137 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 £175,000. For a flat similarly the prices varies from £128,528 for a single bedroom to £307,815 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £725,000. To sum up the asking prices for properties in B3 it comes to around average £128,528 for 1 bedroom property, £303,071 for 2 bedroom and £725,000 for 3 bedroom.

But if you are interested in renting a 1 bedroom flat then rent per month can be around £651. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £884 and £1,599 for 3 bedroom. You should be generally be expecting around average £651 rent per month for single bedroom property, £884 for 2 bedroom and approximately £1,599 for 3 bedroom property in B3 area.

Popular Houses in B3

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.

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