Average Price for property in Malvern Hill Road, Nechells, Birmingham, B7 is around £74,584 which varies based on type of property you are interested in and ranges from £105,348 for terraced house to around £43,821 for a flat. Values have been changing and have risen £298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £887 in last 6 months, £4,334 in last 1 year, £8,405 in last 2 years, £8,754 in last 3 years, £7,630 in last 4 years and £8,029 in last 5 years.
Currently average asking price of a property in Malvern Hill Road, Nechells, Birmingham, B7 is around £148,994 based on approximately 1 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Malvern Hill Road, Nechells, Birmingham, B7 is £74,584. Average asking price is £148,994 while average price paid is £26,000 which is up by £4,334 and Avg. asking rent £1,559.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 Malvern Hill Road, Nechells, Birmingham, B7 area. In last 1 year alone average price buyer paid is around £26,000 based on approximately 1 sales in Malvern Hill Road, Nechells, Birmingham, B7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £26,000. 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 £59,750 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £59,750 per sale.