Average Price for property in Medlicott Road, Sparkbrook, Birmingham, B11 is around £128,664 which varies based on type of property you are interested in and ranges from £102,061 for detached house to around £104,374 for semi-detached. Similarly terraced house is around £132,868. Values have been changing and have risen £799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,642 in last 6 months, £8,831 in last 1 year, £14,184 in last 2 years, £12,342 in last 3 years, £12,274 in last 4 years and £13,277 in last 5 years.
Currently average asking price of a property in Medlicott Road, Sparkbrook, Birmingham, B11 is around £150,196 based on approximately 4 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £619 per month.
Estimated property value in Medlicott Road, Sparkbrook, Birmingham, B11 is £128,664. Average asking price is £150,196 while average price paid is £110,750 which is up by £8,831 and Avg. asking rent £619.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 Medlicott Road, Sparkbrook, Birmingham, B11 area. In last 1 year alone average price buyer paid is around £110,750 based on approximately 4 sales in Medlicott Road, Sparkbrook, Birmingham, B11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £111,750. 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 £115,800 for 10 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £117,388 per sale.