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 £1,990 in last 6 months, £10,631 in last 1 year, £17,187 in last 2 years, £15,239 in last 3 years, £16,336 in last 4 years and £16,998 in last 5 years.
Currently average asking price of a property in Downcroft Avenue, Kings Norton, Birmingham, B38 is around £222,956 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 Downcroft Avenue, Kings Norton, Birmingham, B38 is £150,372. Average asking price is £222,956 while average price paid is £147,500 which is up by £10,631 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 Downcroft Avenue, Kings Norton, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £147,500 based on approximately 1 sales in Downcroft Avenue, Kings Norton, Birmingham, B38 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £127,990. 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 £124,700 for 6 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £124,028 per sale.