Average Price for property in Mersey Grove, Kings Norton, Birmingham, B38 is around £69,881 which varies based on type of property you are interested in and ranges from £69,279 for semi-detached to around £70,784 for terraced house. Values have been changing and have risen £295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £927 in last 6 months, £4,944 in last 1 year, £7,993 in last 2 years, £7,090 in last 3 years, £7,604 in last 4 years and £7,913 in last 5 years.
Currently average asking price of a property in Mersey Grove, Kings Norton, Birmingham, B38 is around £222,956 based on approximately 0 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 Mersey Grove, Kings Norton, Birmingham, B38 is £69,881. Average asking price is £222,956 while average price paid is £67,000 which is up by £7,090 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 Mersey Grove, Kings Norton, Birmingham, B38 area. In last 3 years alone average price buyer paid is around £67,000 based on approximately 1 sales in Mersey Grove, Kings Norton, Birmingham, B38 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £56,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £56,000 for 2 per sale.