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Hello, and welcome back to another In Your Street!
This week, we're covering the NN5 7 postcode area in Kings Heath.
We've just taken on an impressive 3-bedroom property in a pleasant spot within this area.
Here you'll find a decent array of properties available, with a majority of the sales mainly being semi-detached and terraced homes.
Average Price for properties:
5 Detached homes for £486,299
19 Semi-Detached homes for: £208,584
44 Terraced homes for: £206,976
18 Flats for: £128,173
Though semi-detached homes and flats have decreased in their average price per square foot, Detached Homes have increased by 4.2% and Terraced homes 1.5% over the last 12 months.
The average for houses is £224,300 & £123,170 for flats.
The highest sold property in the last 12 months was for 260,000 for a flat & £737,500 for a house.
Only 43% of residents own their homes within this area, so the majority of residents are tenants. Rents for houses can average about £1,000 per month and Flats can average clse to £900. However, houses, such as this one, can achieve more due to their size, condition and proximity to amenities like the nearby park.
If you're interested in getting a valuation or market report In Your Street, contact me today!
01604 607080
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