Values have been changing and have risen £390 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,162 in last 6 months, £5,686 in last 1 year, £11,030 in last 2 years, £11,485 in last 3 years, £10,009 in last 4 years and £10,533 in last 5 years.
Currently average asking price of a property in Bloomsbury Walk, Nechells, Birmingham, B7 is around £148,994 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Bloomsbury Walk, Nechells, Birmingham, B7 is £97,911. Average asking price is £148,994 while average price paid is £92,000 which is up by £5,686 and Avg. asking rent £1,559.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 Bloomsbury Walk, Nechells, Birmingham, B7 area. In last 1 year alone average price buyer paid is around £92,000 based on approximately 1 sales in Bloomsbury Walk, Nechells, Birmingham, B7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £91,000. 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 £77,333 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £77,333 per sale.