Average Price for property in Markby Road, Hockley, Birmingham, B18 is around £84,004 e.g. average price for terraced house is around 83,810. Values have been changing and have risen £160 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £579 in last 6 months, £4,923 in last 1 year, £9,336 in last 2 years, £8,141 in last 3 years, £6,503 in last 4 years and £7,095 in last 5 years.
Currently average asking price of a property in Markby Road, Hockley, Birmingham, B18 is around £163,188 based on approximately 3 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £784 per month.
Estimated property value in Markby Road, Hockley, Birmingham, B18 is £84,004. Average asking price is £163,188 while average price paid is £73,500 which is up by £4,923 and Avg. asking rent £784.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 Markby Road, Hockley, Birmingham, B18 area. In last 1 year alone average price buyer paid is around £73,500 based on approximately 3 sales in Markby Road, Hockley, Birmingham, B18 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £76,687. 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 £71,781 for 16 and average amount paid for purchase of approx. 24 properties sold in last 7 years comes to about £77,012 per sale.