Average Price for property in Cheapside, Deritend, Birmingham, B12 is around £129,315 which varies based on type of property you are interested in and ranges from £198,092 for semi-detached to around £127,552 for a flat. Values have been changing and have risen £584 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,441 in last 6 months, £9,575 in last 1 year, £14,794 in last 2 years, £13,423 in last 3 years, £11,984 in last 4 years and £14,007 in last 5 years.
Currently average asking price of a property in Cheapside, Deritend, Birmingham, B12 is around £233,801 based on approximately 1 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Cheapside, Deritend, Birmingham, B12 is £129,315. Average asking price is £233,801 while average price paid is £125,000 which is up by £9,575 and Avg. asking rent £716.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 Cheapside, Deritend, Birmingham, B12 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Cheapside, Deritend, Birmingham, B12 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £87,500. 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 £114,333 for 3 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £113,357 per sale.