Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,209 in last 6 months, £5,340 in last 1 year, £10,473 in last 2 years, £10,916 in last 3 years, £9,507 in last 4 years and £10,028 in last 5 years.
Currently average asking price of a property in King Edwards Road, Edgbaston, Birmingham, B1 is around £205,787 based on approximately 1 properties for sale. Same is the case with rental options based on 102 properties up for rent, average asking rent is around £880 per month.
Estimated property value in King Edwards Road, Edgbaston, Birmingham, B1 is £97,692. Average asking price is £205,787 while average price paid is £89,000 which is up by £5,340 and Avg. asking rent £880.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 King Edwards Road, Edgbaston, Birmingham, B1 area. In last 1 year alone average price buyer paid is around £89,000 based on approximately 1 sales in King Edwards Road, Edgbaston, Birmingham, B1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £96,750. 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 £85,900 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £85,900 per sale.