Values have been changing and have risen £694 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,102 in last 6 months, £6,006 in last 1 year, £9,835 in last 2 years, £10,416 in last 3 years, £9,529 in last 4 years and £9,768 in last 5 years.
Currently average asking price of a property in Bridge Piece, Northfield, Birmingham, B31 is around £147,964 based on approximately 2 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Bridge Piece, Northfield, Birmingham, B31 is £94,367. Average asking price is £147,964 while average price paid is £83,500 which is up by £6,006 and Avg. asking rent £646.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 Bridge Piece, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £83,500 based on approximately 2 sales in Bridge Piece, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £77,666. 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 £78,562 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £83,590 per sale.