B49

Real Estate Area Guide For B49

 

B49 Map

Estimated Price: £290,319
Average Asking Price: £388,373
Price change in last one year: £18,038
Average Price Paid: £242,605
Average Rent Rates: £3,831

 

Property Prices Breakdown in B49

Average Price for property in B49 is around £290,319 which varies based on type of property you are interested in and ranges from £473,283 for detached house to around £240,265 for semi-detached. Similarly terraced house is around £196,056 and a flat is worth £128,361. Values have been changing and have risen £810 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,250 in last 6 months, £18,038 in last 1 year, £32,134 in last 2 years, £33,110 in last 3 years, £30,119 in last 4 years and £31,447 in last 5 years.

Currently average asking price of a property in B49 is around £388,373 based on approximately 140 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £3,831 per month.

Estimated property value in B49 is £290,319. Average asking price is £388,373 while average price paid is £266,098 which is up by £18,038 and Avg. asking rent £3,831.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 B49 area. In last 1 year alone average price buyer paid is around £266,098 based on approximately 140 sales in B49 area alone. If you compare it to last 3 years sales of 421 properties where buyers paid around £250,579. 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 £242,605 for 632 and average amount paid for purchase of approx. 817 properties sold in last 7 years comes to about £241,613 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 £111,386, £194,796 for a 2 bedroom house, £247,582 for a 3 bedroom house, £519,990 for a 4 bedroom house and £863,233 for a 5 bedroom house. For a flat similarly the prices varies from £99,634 for a single bedroom to £311,562 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £140,000. To sum up the asking prices for properties in B49 it comes to around average £104,473 for 1 bedroom property, £239,279 for 2 bedroom, £243,444 for 3 bedroom, £519,990 for 4 bedroom and £863,233 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 £451 for 1 bedroom to £638 for 2 bedroom and £1,798 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £448. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £659. You should be generally be expecting around average £448 rent per month for single bedroom property, £644 for 2 bedroom and approximately £1,798 for 5 bedroom property in B49 area.

Popular Houses in B49

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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