Average Price for property in Farren Road, Northfield, Birmingham, B31 is around £152,496 which varies based on type of property you are interested in and ranges from £153,044 for semi-detached to around £139,382 for terraced house. Values have been changing and have risen £1,121 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,395 in last 6 months, £9,703 in last 1 year, £15,889 in last 2 years, £16,825 in last 3 years, £15,386 in last 4 years and £15,771 in last 5 years.
Currently average asking price of a property in Farren Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 7 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Farren Road, Northfield, Birmingham, B31 is £152,496. Average asking price is £147,964 while average price paid is £151,571 which is up by £9,703 and Avg. asking rent £646.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 Farren Road, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £151,571 based on approximately 7 sales in Farren Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £132,519. 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 £125,842 for 21 and average amount paid for purchase of approx. 28 properties sold in last 7 years comes to about £126,400 per sale.