Values have been changing and have risen £494 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,511 in last 6 months, £7,759 in last 1 year, £12,368 in last 2 years, £13,932 in last 3 years, £12,669 in last 4 years and £12,805 in last 5 years.
Currently average asking price of a property in Humberstone Road, Erdington, Birmingham, B24 is around £166,466 based on approximately 4 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 Humberstone Road, Erdington, Birmingham, B24 is £121,346. Average asking price is £166,466 while average price paid is £105,750 which is up by £7,759 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 Humberstone Road, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £105,750 based on approximately 4 sales in Humberstone Road, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £109,500. 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 £105,747 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £106,319 per sale.