Average Price for property in Groveley Lane, Longbridge, Northfield, Birmingham, B31 is around £145,378 which varies based on type of property you are interested in and ranges from £282,701 for detached house to around £151,903 for semi-detached. Similarly terraced house is around £132,579. Values have been changing and have risen £1,069 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,237 in last 6 months, £9,250 in last 1 year, £15,149 in last 2 years, £16,040 in last 3 years, £14,669 in last 4 years and £15,035 in last 5 years.
Currently average asking price of a property in Groveley Lane, Longbridge, Northfield, Birmingham, B31 is around £147,964 based on approximately 9 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 Groveley Lane, Longbridge, Northfield, Birmingham, B31 is £145,378. Average asking price is £147,964 while average price paid is £162,550 which is up by £9,250 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 Groveley Lane, Longbridge, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £162,550 based on approximately 9 sales in Groveley Lane, Longbridge, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £144,216. 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 £137,133 for 33 and average amount paid for purchase of approx. 55 properties sold in last 7 years comes to about £128,487 per sale.