Average Price for property in Minstead Road, Erdington, Birmingham, B24 is around £130,495 which varies based on type of property you are interested in and ranges from £175,228 for detached house to around £146,918 for semi-detached. Similarly terraced house is around £124,170 and a flat is worth £154,597. Values have been changing and have risen £531 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,624 in last 6 months, £8,343 in last 1 year, £13,299 in last 2 years, £14,983 in last 3 years, £13,623 in last 4 years and £13,769 in last 5 years.
Currently average asking price of a property in Minstead Road, Erdington, Birmingham, B24 is around £166,466 based on approximately 6 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Minstead Road, Erdington, Birmingham, B24 is £130,495. Average asking price is £166,466 while average price paid is £113,833 which is up by £8,343 and Avg. asking rent £575.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 Minstead Road, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £113,833 based on approximately 6 sales in Minstead Road, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £115,115. 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 £113,843 for 16 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £117,159 per sale.