Average Price for property in Elmfield Avenue, Erdington, Birmingham, B24 is around £142,130 which varies based on type of property you are interested in and ranges from £213,322 for detached house to around £132,715 for semi-detached. Similarly terraced house is around £149,558. Values have been changing and have risen £578 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,769 in last 6 months, £9,086 in last 1 year, £14,484 in last 2 years, £16,316 in last 3 years, £14,835 in last 4 years and £14,996 in last 5 years.
Currently average asking price of a property in Elmfield Avenue, Erdington, Birmingham, B24 is around £166,466 based on approximately 7 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Elmfield Avenue, Erdington, Birmingham, B24 is £142,130. Average asking price is £166,466 while average price paid is £119,142 which is up by £9,086 and Avg. asking rent £575.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 Elmfield Avenue, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £119,142 based on approximately 7 sales in Elmfield Avenue, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £122,541. 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 £125,416 for 18 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £125,500 per sale.