Values have been changing and have risen £244 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,506 in last 6 months, £9,480 in last 1 year, £16,532 in last 2 years, £15,478 in last 3 years, £14,886 in last 4 years and £14,832 in last 5 years.
Currently average asking price of a property in Elford Grove, Birmingham, B37 is around £172,419 based on approximately 0 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £2,814 per month.
Estimated property value in Elford Grove, Birmingham, B37 is £143,466. Average asking price is £172,419 while average price paid is £130,241 which is up by £15,478 and Avg. asking rent £2,814.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 Elford Grove, Birmingham, B37 area. In last 3 years alone average price buyer paid is around £130,241 based on approximately 6 sales in Elford Grove, Birmingham, B37 area alone. If you compare it to last 5 years sales of 9 properties where buyers paid around £125,605. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £122,595 for 10 per sale.