Mary Street, Balsall Heath, Birmingham, B12

Street Guide For Mary Street, Balsall Heath, Birmingham, B12

 

Mary Street, Balsall Heath, Birmingham, B12 Map

Estimated Price: £146,141
Average Asking Price: £233,801
Price change in last one year: £10,821
Average Price Paid: £143,857
Average Rent Rates: £716

 

Property Prices Breakdown in Mary Street, Balsall Heath, Birmingham, B12

Average Price for property in Mary Street, Balsall Heath, Birmingham, B12 is around £146,141 which varies based on type of property you are interested in and ranges from £257,424 for detached house to around £174,969 for semi-detached. Similarly terraced house is around £139,149 and a flat is worth £87,708. Values have been changing and have risen £661 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,629 in last 6 months, £10,821 in last 1 year, £16,718 in last 2 years, £15,167 in last 3 years, £13,539 in last 4 years and £15,824 in last 5 years.

Currently average asking price of a property in Mary Street, Balsall Heath, Birmingham, B12 is around £233,801 based on approximately 3 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Mary Street, Balsall Heath, Birmingham, B12 is £146,141. Average asking price is £233,801 while average price paid is £160,666 which is up by £10,821 and Avg. asking rent £716.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 Mary Street, Balsall Heath, Birmingham, B12 area. In last 1 year alone average price buyer paid is around £160,666 based on approximately 3 sales in Mary Street, Balsall Heath, Birmingham, B12 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £145,400. 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 £143,857 for 7 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £144,062 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 £148,283, £104,194 for a 2 bedroom house, £140,292 for a 3 bedroom house and £181,639 for a 4 bedroom house. For a flat similarly the prices varies from £96,516 for a single bedroom to £124,150 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £82,000. To sum up the asking prices for properties in Mary Street, Balsall Heath, Birmingham, B12 it comes to around average £109,458 for 1 bedroom property, £112,177 for 2 bedroom, £137,378 for 3 bedroom and £181,639 for 4 bedroom.

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 £867 for 1 bedroom to £517 for 2 bedroom, £635 for 3 bedroom and £870 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £508. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £697, £524 for 3 bedroom and £702 for 4 bedroom. You should be generally be expecting around average £571 rent per month for single bedroom property, £663 for 2 bedroom, £598 for 3 bedroom and approximately £846 for 4 bedroom property in Mary Street, Balsall Heath, Birmingham, B12 area.

Popular Houses in Mary Street, Balsall Heath, Birmingham, B12

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 Mary Street, Balsall Heath, Birmingham, B12