Values have been changing and have risen £593 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,009 in last 6 months, £6,923 in last 1 year, £10,664 in last 2 years, £10,957 in last 3 years, £9,702 in last 4 years and £10,347 in last 5 years.
Currently average asking price of a property in Moorfield Road, Castle Bromwich, Birmingham, B34 is around £139,582 based on approximately 0 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £896 per month.
Estimated property value in Moorfield Road, Castle Bromwich, Birmingham, B34 is £96,636. Average asking price is £139,582 while average price paid is £92,833 which is up by £10,957 and Avg. asking rent £896.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 Moorfield Road, Castle Bromwich, Birmingham, B34 area. In last 3 years alone average price buyer paid is around £92,833 based on approximately 3 sales in Moorfield Road, Castle Bromwich, Birmingham, B34 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £87,750. 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 £79,800 for 5 per sale.