Average Price for property in Essex Street, Birmingham, B5 is around £121,212 which varies based on type of property you are interested in and ranges from £154,458 for terraced house to around £121,055 for a flat. Values have been changing and have risen £540 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,538 in last 6 months, £7,161 in last 1 year, £13,673 in last 2 years, £14,299 in last 3 years, £12,405 in last 4 years and £13,170 in last 5 years.
Currently average asking price of a property in Essex Street, Birmingham, B5 is around £169,700 based on approximately 17 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £907 per month.
Estimated property value in Essex Street, Birmingham, B5 is £121,212. Average asking price is £169,700 while average price paid is £119,735 which is up by £7,161 and Avg. asking rent £907.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 Essex Street, Birmingham, B5 area. In last 1 year alone average price buyer paid is around £119,735 based on approximately 17 sales in Essex Street, Birmingham, B5 area alone. If you compare it to last 3 years sales of 36 properties where buyers paid around £113,708. 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 £100,945 for 88 and average amount paid for purchase of approx. 281 properties sold in last 7 years comes to about £103,689 per sale.