Average Price for property in Hervey Grove, Erdington, Birmingham, B24 is around £101,823 e.g. average price for terraced house is around 101,823. Values have been changing and have risen £416 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,270 in last 6 months, £6,513 in last 1 year, £10,381 in last 2 years, £11,696 in last 3 years, £10,636 in last 4 years and £10,753 in last 5 years.
Currently average asking price of a property in Hervey Grove, Erdington, Birmingham, B24 is around £166,466 based on approximately 8 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Hervey Grove, Erdington, Birmingham, B24 is £101,823. Average asking price is £166,466 while average price paid is £123,808 which is up by £6,513 and Avg. asking rent £575.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 Hervey Grove, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £123,808 based on approximately 8 sales in Hervey Grove, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £120,046. 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 £115,769 for 11 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £115,769 per sale.