Average Price for property in May Lane, Kings Heath, Birmingham, B14 is around £215,152 which varies based on type of property you are interested in and ranges from £279,506 for detached house to around £252,951 for semi-detached. Similarly terraced house is around £180,130. Values have been changing and have risen £1,483 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,917 in last 6 months, £14,169 in last 1 year, £22,566 in last 2 years, £26,386 in last 3 years, £23,542 in last 4 years and £23,948 in last 5 years.
Currently average asking price of a property in May Lane, Kings Heath, Birmingham, B14 is around £159,617 based on approximately 5 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £949 per month.
Estimated property value in May Lane, Kings Heath, Birmingham, B14 is £215,152. Average asking price is £159,617 while average price paid is £198,130 which is up by £14,169 and Avg. asking rent £949.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 May Lane, Kings Heath, Birmingham, B14 area. In last 1 year alone average price buyer paid is around £198,130 based on approximately 5 sales in May Lane, Kings Heath, Birmingham, B14 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £195,726. 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 £188,644 for 47 and average amount paid for purchase of approx. 67 properties sold in last 7 years comes to about £187,275 per sale.