Millhouse Road, Yardley, Birmingham, B25

Street Guide For Millhouse Road, Yardley, Birmingham, B25

 

Millhouse Road, Yardley, Birmingham, B25 Map

Estimated Price: £128,108
Average Asking Price: £175,007
Price change in last one year: £8,429
Average Price Paid: £106,333
Average Rent Rates: £361

 

Property Prices Breakdown in Millhouse Road, Yardley, Birmingham, B25

Average Price for property in Millhouse Road, Yardley, Birmingham, B25 is around £128,108 which varies based on type of property you are interested in and ranges from £143,244 for detached house to around £130,881 for semi-detached. Similarly terraced house is around £126,430. Values have been changing and have risen £965 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,892 in last 6 months, £8,429 in last 1 year, £13,857 in last 2 years, £14,707 in last 3 years, £12,129 in last 4 years and £12,564 in last 5 years.

Currently average asking price of a property in Millhouse Road, Yardley, Birmingham, B25 is around £175,007 based on approximately 4 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £361 per month.

Estimated property value in Millhouse Road, Yardley, Birmingham, B25 is £128,108. Average asking price is £175,007 while average price paid is £111,375 which is up by £8,429 and Avg. asking rent £361.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 Millhouse Road, Yardley, Birmingham, B25 area. In last 1 year alone average price buyer paid is around £111,375 based on approximately 4 sales in Millhouse Road, Yardley, Birmingham, B25 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £107,307. 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 £106,333 for 24 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £109,790 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 £106,708, £137,569 for a 3 bedroom house and £234,568 for a 4 bedroom house. For a flat similarly the prices varies from £67,462 for a single bedroom to £87,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Millhouse Road, Yardley, Birmingham, B25 it comes to around average £67,462 for 1 bedroom property, £106,708 for 2 bedroom, £136,305 for 3 bedroom and £234,568 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 £260 for 1 bedroom to £676 for 2 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £425. As the no. of bedroom increase so will the rent e.g. for a 3 bedroom flat it will be around £425. You should be generally be expecting around average £260 rent per month for single bedroom property, £550 for 2 bedroom and approximately £425 for 3 bedroom property in Millhouse Road, Yardley, Birmingham, B25 area.

Popular Houses in Millhouse Road, Yardley, Birmingham, B25

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 Millhouse Road, Yardley, Birmingham, B25