Average Price for property in Dormie Close, Birmingham, B38 is around £126,201 which varies based on type of property you are interested in and ranges from £139,864 for terraced house to around £85,213 for a flat. Values have been changing and have risen £561 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,767 in last 6 months, £9,441 in last 1 year, £15,264 in last 2 years, £13,533 in last 3 years, £14,510 in last 4 years and £15,098 in last 5 years.
Currently average asking price of a property in Dormie Close, Birmingham, B38 is around £226,309 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.
Estimated property value in Dormie Close, Birmingham, B38 is £126,201. Average asking price is £226,309 while average price paid is £121,000 which is up by £9,441 and Avg. asking rent £581.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 Dormie Close, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £121,000 based on approximately 1 sales in Dormie Close, Birmingham, B38 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £121,000. 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 £96,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £96,750 per sale.