Average Price for property in Mercia Drive, Kings Heath, Birmingham, B14 is around £218,177 which varies based on type of property you are interested in and ranges from £306,883 for detached house to around £258,748 for semi-detached. Similarly terraced house is around £159,137. Values have been changing and have risen £1,503 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,986 in last 6 months, £14,368 in last 1 year, £22,885 in last 2 years, £26,758 in last 3 years, £23,876 in last 4 years and £24,287 in last 5 years.
Currently average asking price of a property in Mercia Drive, Kings Heath, Birmingham, B14 is around £159,617 based on approximately 1 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 Mercia Drive, Kings Heath, Birmingham, B14 is £218,177. Average asking price is £159,617 while average price paid is £145,000 which is up by £14,368 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 Mercia Drive, Kings Heath, Birmingham, B14 area. In last 1 year alone average price buyer paid is around £145,000 based on approximately 1 sales in Mercia Drive, Kings Heath, Birmingham, B14 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £145,000. 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 £180,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £194,166 per sale.