Values have been changing and have risen £161 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £991 in last 6 months, £6,230 in last 1 year, £10,865 in last 2 years, £10,176 in last 3 years, £9,789 in last 4 years and £9,756 in last 5 years.
Currently average asking price of a property in Broomcroft Road, Kingshurst, Birmingham, B37 is around £171,813 based on approximately 2 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £2,701 per month.
Estimated property value in Broomcroft Road, Kingshurst, Birmingham, B37 is £94,232. Average asking price is £171,813 while average price paid is £48,500 which is up by £6,230 and Avg. asking rent £2,701.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 Broomcroft Road, Kingshurst, Birmingham, B37 area. In last 1 year alone average price buyer paid is around £48,500 based on approximately 2 sales in Broomcroft Road, Kingshurst, Birmingham, B37 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £82,655. 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 £79,124 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £88,270 per sale.