Average Price for property in Low Wood Road, Erdington, Birmingham, B23 is around £112,740 which varies based on type of property you are interested in and ranges from £92,333 for detached house to around £119,063 for semi-detached. Similarly terraced house is around £114,148. Values have been changing and have risen £222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £662 in last 6 months, £6,915 in last 1 year, £11,548 in last 2 years, £11,231 in last 3 years, £9,516 in last 4 years and £10,562 in last 5 years.
Currently average asking price of a property in Low Wood Road, Erdington, Birmingham, B23 is around £124,475 based on approximately 2 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Low Wood Road, Erdington, Birmingham, B23 is £112,740. Average asking price is £124,475 while average price paid is £87,500 which is up by £6,915 and Avg. asking rent £657.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 Low Wood Road, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £87,500 based on approximately 2 sales in Low Wood Road, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £91,666. 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 £93,000 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £108,666 per sale.