Average Price for property in Mere Street, Erdington, Birmingham, B23 is around £132,123 which varies based on type of property you are interested in and ranges from £177,506 for terraced house to around £120,778 for a flat. Values have been changing and have risen £260 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £774 in last 6 months, £8,102 in last 1 year, £13,530 in last 2 years, £13,157 in last 3 years, £11,145 in last 4 years and £12,371 in last 5 years.
Currently average asking price of a property in Mere Street, Erdington, Birmingham, B23 is around £124,475 based on approximately 1 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Mere Street, Erdington, Birmingham, B23 is £132,123. Average asking price is £124,475 while average price paid is £87,500 which is up by £8,102 and Avg. asking rent £657.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 Mere Street, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £87,500 based on approximately 1 sales in Mere Street, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £87,500. 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 £87,500 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £87,500 per sale.