Values have been changing and have risen £213 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £572 in last 6 months, £6,696 in last 1 year, £10,230 in last 2 years, £12,296 in last 3 years, £10,646 in last 4 years and £12,101 in last 5 years.
Currently average asking price of a property in Chipperfield Road, Hodge Hill, Birmingham, B36 is around £205,158 based on approximately 5 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £674 per month.
Estimated property value in Chipperfield Road, Hodge Hill, Birmingham, B36 is £127,342. Average asking price is £205,158 while average price paid is £120,100 which is up by £6,696 and Avg. asking rent £674.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 Chipperfield Road, Hodge Hill, Birmingham, B36 area. In last 1 year alone average price buyer paid is around £120,100 based on approximately 5 sales in Chipperfield Road, Hodge Hill, Birmingham, B36 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £118,363. 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 £113,142 for 21 and average amount paid for purchase of approx. 32 properties sold in last 7 years comes to about £116,531 per sale.