Average Price for property in Cedar Drive, Erdington, Birmingham, B24 is around £244,694 which varies based on type of property you are interested in and ranges from £244,791 for detached house to around £244,675 for semi-detached. Values have been changing and have risen £995 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,045 in last 6 months, £15,643 in last 1 year, £24,929 in last 2 years, £28,080 in last 3 years, £25,523 in last 4 years and £25,795 in last 5 years.
Currently average asking price of a property in Cedar Drive, Erdington, Birmingham, B24 is around £166,466 based on approximately 1 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Cedar Drive, Erdington, Birmingham, B24 is £244,694. Average asking price is £166,466 while average price paid is £239,950 which is up by £15,643 and Avg. asking rent £575.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 Cedar Drive, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £239,950 based on approximately 1 sales in Cedar Drive, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £239,950. 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 £239,950 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £239,950 per sale.