Values have been changing and have risen £367 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,385 in last 6 months, £9,950 in last 1 year, £15,760 in last 2 years, £18,133 in last 3 years, £16,612 in last 4 years and £17,043 in last 5 years.
Currently average asking price of a property in Ferncliffe Road, Harborne, Birmingham, B17 is around £301,920 based on approximately 3 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £798 per month.
Estimated property value in Ferncliffe Road, Harborne, Birmingham, B17 is £147,404. Average asking price is £301,920 while average price paid is £149,666 which is up by £9,950 and Avg. asking rent £798.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 Ferncliffe Road, Harborne, Birmingham, B17 area. In last 1 year alone average price buyer paid is around £149,666 based on approximately 3 sales in Ferncliffe Road, Harborne, Birmingham, B17 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £134,677. 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 £127,706 for 15 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £122,780 per sale.