Average Price for property in Gainsborough Road, Great Barr, Birmingham, B42 is around £223,649 which varies based on type of property you are interested in and ranges from £248,152 for detached house to around £222,761 for semi-detached. Similarly terraced house is around £212,636. Values have been changing and have risen £948 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,373 in last 6 months, £14,042 in last 1 year, £20,997 in last 2 years, £20,330 in last 3 years, £19,136 in last 4 years and £19,290 in last 5 years.
Currently average asking price of a property in Gainsborough Road, Great Barr, Birmingham, B42 is around £173,443 based on approximately 1 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £752 per month.
Estimated property value in Gainsborough Road, Great Barr, Birmingham, B42 is £223,649. Average asking price is £173,443 while average price paid is £130,000 which is up by £14,042 and Avg. asking rent £752.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 Gainsborough Road, Great Barr, Birmingham, B42 area. In last 1 year alone average price buyer paid is around £130,000 based on approximately 1 sales in Gainsborough Road, Great Barr, Birmingham, B42 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £242,500. 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 £229,000 for 3 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £228,666 per sale.