Values have been changing and have risen £733 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,169 in last 6 months, £9,187 in last 1 year, £16,621 in last 2 years, £17,567 in last 3 years, £16,302 in last 4 years and £16,284 in last 5 years.
Currently average asking price of a property in Greenwood Avenue, Acocks Green, Birmingham, B27 is around £180,915 based on approximately 1 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £675 per month.
Estimated property value in Greenwood Avenue, Acocks Green, Birmingham, B27 is £152,845. Average asking price is £180,915 while average price paid is £152,000 which is up by £9,187 and Avg. asking rent £675.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 Greenwood Avenue, Acocks Green, Birmingham, B27 area. In last 1 year alone average price buyer paid is around £152,000 based on approximately 1 sales in Greenwood Avenue, Acocks Green, Birmingham, B27 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £118,812. 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 £125,136 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £125,100 per sale.