Average Price for property in Broomfield Road, Erdington, Birmingham, B23 is around £149,750 which varies based on type of property you are interested in and ranges from £157,053 for detached house to around £148,773 for semi-detached. Similarly terraced house is around £144,894. Values have been changing and have risen £294 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £877 in last 6 months, £9,184 in last 1 year, £15,335 in last 2 years, £14,910 in last 3 years, £12,627 in last 4 years and £14,014 in last 5 years.
Currently average asking price of a property in Broomfield Road, Erdington, Birmingham, B23 is around £124,475 based on approximately 1 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Broomfield Road, Erdington, Birmingham, B23 is £149,750. Average asking price is £124,475 while average price paid is £142,000 which is up by £9,184 and Avg. asking rent £657.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 Broomfield Road, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £142,000 based on approximately 1 sales in Broomfield Road, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £142,000. 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 £129,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £129,000 per sale.