Values have been changing and have risen £586 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,780 in last 6 months, £8,697 in last 1 year, £13,789 in last 2 years, £14,634 in last 3 years, £14,225 in last 4 years and £14,733 in last 5 years.
Currently average asking price of a property in Burnham Meadow, Hall Green, Birmingham, B28 is around £210,380 based on approximately 2 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £623 per month.
Estimated property value in Burnham Meadow, Hall Green, Birmingham, B28 is £143,706. Average asking price is £210,380 while average price paid is £98,500 which is up by £8,697 and Avg. asking rent £623.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 Burnham Meadow, Hall Green, Birmingham, B28 area. In last 1 year alone average price buyer paid is around £98,500 based on approximately 2 sales in Burnham Meadow, Hall Green, Birmingham, B28 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £118,916. 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 £120,259 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £126,681 per sale.