Values have been changing and have risen £154 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £415 in last 6 months, £4,851 in last 1 year, £7,415 in last 2 years, £8,914 in last 3 years, £7,720 in last 4 years and £8,776 in last 5 years.
Currently average asking price of a property in Marcos Drive, Castle Bromwich, Birmingham, B36 is around £205,158 based on approximately 3 properties for sale. Same is the case with rental options based on 20 properties up for rent, average asking rent is around £674 per month.
Estimated property value in Marcos Drive, Castle Bromwich, Birmingham, B36 is £92,240. Average asking price is £205,158 while average price paid is £81,000 which is up by £4,851 and Avg. asking rent £674.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 Marcos Drive, Castle Bromwich, Birmingham, B36 area. In last 1 year alone average price buyer paid is around £81,000 based on approximately 3 sales in Marcos Drive, Castle Bromwich, Birmingham, B36 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £80,750. 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 £78,600 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £79,111 per sale.