Values have been changing and have risen £405 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,207 in last 6 months, £5,904 in last 1 year, £11,455 in last 2 years, £11,928 in last 3 years, £10,394 in last 4 years and £10,938 in last 5 years.
Currently average asking price of a property in Bodmin Grove, 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 Bodmin Grove, Nechells, Birmingham, B7 is £101,675. Average asking price is £148,994 while average price paid is £62,500 which is up by £5,904 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 Bodmin Grove, Nechells, Birmingham, B7 area. In last 1 year alone average price buyer paid is around £62,500 based on approximately 1 sales in Bodmin Grove, Nechells, Birmingham, B7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £62,500. 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 £62,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £62,500 per sale.