Average Price for property in Melrose Road, Handsworth, Birmingham, B20 is around £145,148 which varies based on type of property you are interested in and ranges from £133,942 for semi-detached to around £147,817 for terraced house. Values have been changing and have risen £1,137 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,442 in last 6 months, £10,857 in last 1 year, £15,349 in last 2 years, £14,709 in last 3 years, £15,748 in last 4 years and £16,137 in last 5 years.
Currently average asking price of a property in Melrose Road, Handsworth, Birmingham, B20 is around £189,416 based on approximately 3 properties for sale. Same is the case with rental options based on 81 properties up for rent, average asking rent is around £551 per month.
Estimated property value in Melrose Road, Handsworth, Birmingham, B20 is £145,148. Average asking price is £189,416 while average price paid is £120,500 which is up by £10,857 and Avg. asking rent £551.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 Melrose Road, Handsworth, Birmingham, B20 area. In last 1 year alone average price buyer paid is around £120,500 based on approximately 3 sales in Melrose Road, Handsworth, Birmingham, B20 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £118,100. 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 £115,083 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £120,937 per sale.