Bristol Road South, Rednal, Birmingham, B45

Street Guide For Bristol Road South, Rednal, Birmingham, B45

 
 

Bristol Road South, Rednal, Birmingham, B45 Map

Estimated Price: £124,802
Average Asking Price: £213,141
Price change in last one year: £8,169
Average Price Paid: £108,978
Average Rent Rates: £839

 

Property Prices Breakdown in Bristol Road South, Rednal, Birmingham, B45

Average Price for property in Bristol Road South, Rednal, Birmingham, B45 is around £124,802 which varies based on type of property you are interested in and ranges from £175,052 for detached house to around £141,222 for semi-detached. Similarly terraced house is around £122,737 and a flat is worth £82,665. Values have been changing and have risen £726 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,622 in last 6 months, £8,169 in last 1 year, £12,409 in last 2 years, £14,794 in last 3 years, £12,890 in last 4 years and £12,828 in last 5 years.

Currently average asking price of a property in Bristol Road South, Rednal, Birmingham, B45 is around £213,141 based on approximately 8 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £839 per month.

Estimated property value in Bristol Road South, Rednal, Birmingham, B45 is £124,802. Average asking price is £213,141 while average price paid is £109,500 which is up by £8,169 and Avg. asking rent £839.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 Bristol Road South, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £109,500 based on approximately 8 sales in Bristol Road South, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £113,000. 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 £108,978 for 30 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £112,176 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 £97,789, £111,778 for a 2 bedroom house, £178,669 for a 3 bedroom house, £338,107 for a 4 bedroom house and £545,817 for a 5 bedroom house. For a flat similarly the prices varies from £72,916 for a single bedroom to £104,977 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £104,950. To sum up the asking prices for properties in Bristol Road South, Rednal, Birmingham, B45 it comes to around average £81,799 for 1 bedroom property, £108,863 for 2 bedroom, £175,464 for 3 bedroom, £338,107 for 4 bedroom and £545,817 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 £576 for 1 bedroom to £607 for 2 bedrooms, £721 for 3 bedrooms, £924 for 4 bedrooms and £2,999 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £412. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £562 and £524 for 3 bedroom. You should be generally be expecting around average £445 rent per month for single bedroom property, £594 for 2 bedroom, £703 for 3 bedroom, £924 for 4 bedroom and approximately £2,999 for a 5 bedroom property in Bristol Road South, Rednal, Birmingham, B45 area.

Popular Houses in Bristol Road South, Rednal, Birmingham, B45

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 Bristol Road South, Rednal, Birmingham, B45