Values have been changing and have risen £221 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £659 in last 6 months, £6,892 in last 1 year, £11,508 in last 2 years, £11,190 in last 3 years, £9,478 in last 4 years and £10,521 in last 5 years.
Currently average asking price of a property in Marsh Lane, Erdington, Birmingham, B23 is around £124,475 based on approximately 8 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 Marsh Lane, Erdington, Birmingham, B23 is £112,364. Average asking price is £124,475 while average price paid is £107,374 which is up by £6,892 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 Marsh Lane, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £107,374 based on approximately 8 sales in Marsh Lane, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £100,077. 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 £96,189 for 25 and average amount paid for purchase of approx. 34 properties sold in last 7 years comes to about £98,402 per sale.