Average Price for property in Medway Grove, Kings Norton, Birmingham, B38 is around £97,798 which varies based on type of property you are interested in and ranges from £84,098 for semi-detached to around £99,755 for terraced house. Values have been changing and have risen £411 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,296 in last 6 months, £6,917 in last 1 year, £11,183 in last 2 years, £9,919 in last 3 years, £10,635 in last 4 years and £11,067 in last 5 years.
Currently average asking price of a property in Medway Grove, Kings Norton, Birmingham, B38 is around £222,956 based on approximately 1 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.
Estimated property value in Medway Grove, Kings Norton, Birmingham, B38 is £97,798. Average asking price is £222,956 while average price paid is £75,000 which is up by £6,917 and Avg. asking rent £581.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 Medway Grove, Kings Norton, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £75,000 based on approximately 1 sales in Medway Grove, Kings Norton, Birmingham, B38 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £72,500. 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 £72,500 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £72,500 per sale.