Average Price for property in Cheverton Road, Northfield, Birmingham, B31 is around £112,117 which varies based on type of property you are interested in and ranges from £101,249 for detached house to around £112,153 for semi-detached. Similarly terraced house is around £112,838. Values have been changing and have risen £824 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,495 in last 6 months, £7,135 in last 1 year, £11,686 in last 2 years, £12,374 in last 3 years, £11,319 in last 4 years and £11,602 in last 5 years.
Currently average asking price of a property in Cheverton Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 5 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Cheverton Road, Northfield, Birmingham, B31 is £112,117. Average asking price is £147,964 while average price paid is £94,400 which is up by £7,135 and Avg. asking rent £646.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 Cheverton Road, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £94,400 based on approximately 5 sales in Cheverton Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £98,928. 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 £96,611 for 18 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £96,250 per sale.