Values have been changing and have risen £154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £950 in last 6 months, £5,980 in last 1 year, £10,429 in last 2 years, £9,763 in last 3 years, £9,391 in last 4 years and £9,357 in last 5 years.
Currently average asking price of a property in Frensham Close, Chelmsley Wood, 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 Frensham Close, Chelmsley Wood, Birmingham, B37 is £95,740. Average asking price is £172,419 while average price paid is £76,900 which is up by £9,763 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 Frensham Close, Chelmsley Wood, Birmingham, B37 area. In last 3 years alone average price buyer paid is around £76,900 based on approximately 5 sales in Frensham Close, Chelmsley Wood, Birmingham, B37 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £76,900. 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 £80,666 for 9 per sale.