Long Lane, Halesowen, B62

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Long Lane, Halesowen, B62 Map

Estimated Price: £131,907
Average Asking Price: £233,247
Price change in last one year: £8,645
Average Price Paid: £116,745
Average Rent Rates: £965


Property Prices Breakdown in Long Lane, Halesowen, B62

Average Price for property in Long Lane, Halesowen, B62 is around £131,907 which varies based on type of property you are interested in and ranges from £194,336 for detached house to around £139,464 for semi-detached. Similarly terraced house is around £118,735 and a flat is worth £91,054. Values have been changing and have risen £150 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £376 in last 6 months, £8,645 in last 1 year, £14,093 in last 2 years, £14,765 in last 3 years, £12,444 in last 4 years and £12,485 in last 5 years.

Currently average asking price of a property in Long Lane, Halesowen, B62 is around £233,247 based on approximately 11 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £965 per month.

Estimated property value in Long Lane, Halesowen, B62 is £131,907. Average asking price is £233,247 while average price paid is £114,721 which is up by £8,645 and Avg. asking rent £965.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 Long Lane, Halesowen, B62 area. In last 1 year alone average price buyer paid is around £114,721 based on approximately 11 sales in Long Lane, Halesowen, B62 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £112,913. 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 £116,745 for 33 and average amount paid for purchase of approx. 43 properties sold in last 7 years comes to about £115,011 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 £92,500, £128,709 for a 2 bedroom house, £195,649 for a 3 bedroom house, £335,494 for a 4 bedroom house and £484,512 for a 5 bedroom house. For a flat similarly the prices varies from £102,338 for a single bedroom to £143,521 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £205,000. To sum up the asking prices for properties in Long Lane, Halesowen, B62 it comes to around average £100,023 for 1 bedroom property, £131,759 for 2 bedroom, £195,765 for 3 bedroom, £335,494 for 4 bedroom and £484,512 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 £425 for 1 bedroom to £566 for 2 bedroom and £563 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £401. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £592 and £550 for 3 bedroom. You should be generally be expecting around average £404 rent per month for single bedroom property, £579 for 2 bedroom and approximately £561 for 3 bedroom property in Long Lane, Halesowen, B62 area.

Popular Houses in Long Lane, Halesowen, B62

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 Long Lane, Halesowen, B62