Average Price for property in Lockwood Road, Northfield, Birmingham, B31 is around £135,679 which varies based on type of property you are interested in and ranges from £141,029 for semi-detached to around £125,766 for terraced house. Values have been changing and have risen £997 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,021 in last 6 months, £8,634 in last 1 year, £14,139 in last 2 years, £14,970 in last 3 years, £13,690 in last 4 years and £14,032 in last 5 years.
Currently average asking price of a property in Lockwood Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 3 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 Lockwood Road, Northfield, Birmingham, B31 is £135,679. Average asking price is £147,964 while average price paid is £113,000 which is up by £8,634 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 Lockwood Road, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £113,000 based on approximately 3 sales in Lockwood Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £111,000. 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 £112,326 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £115,289 per sale.