Values have been changing and have risen £766 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,267 in last 6 months, £9,601 in last 1 year, £17,371 in last 2 years, £18,361 in last 3 years, £17,036 in last 4 years and £17,014 in last 5 years.
Currently average asking price of a property in Marie Drive, Birmingham, B27 is around £180,915 based on approximately 1 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £675 per month.
Estimated property value in Marie Drive, Birmingham, B27 is £150,954. Average asking price is £180,915 while average price paid is £137,000 which is up by £9,601 and Avg. asking rent £675.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 Marie Drive, Birmingham, B27 area. In last 1 year alone average price buyer paid is around £137,000 based on approximately 1 sales in Marie Drive, Birmingham, B27 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £141,333. 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 £136,833 for 12 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £133,678 per sale.