Values have been changing and have risen £632 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,020 in last 6 months, £8,365 in last 1 year, £13,238 in last 2 years, £13,050 in last 3 years, £12,007 in last 4 years and £10,719 in last 5 years.
Currently average asking price of a property in Dormington Road, Great Barr, Birmingham, B44 is around £125,949 based on approximately 4 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £638 per month.
Estimated property value in Dormington Road, Great Barr, Birmingham, B44 is £116,302. Average asking price is £125,949 while average price paid is £109,000 which is up by £8,365 and Avg. asking rent £638.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 Dormington Road, Great Barr, Birmingham, B44 area. In last 1 year alone average price buyer paid is around £109,000 based on approximately 4 sales in Dormington Road, Great Barr, Birmingham, B44 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £108,944. 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 £106,457 for 14 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £104,304 per sale.