Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,362 in last 6 months, £6,991 in last 1 year, £11,143 in last 2 years, £12,553 in last 3 years, £11,414 in last 4 years and £11,540 in last 5 years.
Currently average asking price of a property in Avalon Close, Erdington, Birmingham, B24 is around £166,466 based on approximately 3 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Avalon Close, Erdington, Birmingham, B24 is £109,315. Average asking price is £166,466 while average price paid is £92,333 which is up by £6,991 and Avg. asking rent £575.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 Avalon Close, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £92,333 based on approximately 3 sales in Avalon Close, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £90,600. 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 £95,131 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £93,957 per sale.