Average Price for property in Morland Place, Northfield, Birmingham, B31 is around £205,390 e.g. average price for terraced house is around 205,390. Values have been changing and have risen £1,509 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,572 in last 6 months, £13,067 in last 1 year, £21,397 in last 2 years, £22,651 in last 3 years, £20,712 in last 4 years and £21,226 in last 5 years.
Currently average asking price of a property in Morland Place, Northfield, Birmingham, B31 is around £147,964 based on approximately 1 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Morland Place, Northfield, Birmingham, B31 is £205,390. Average asking price is £147,964 while average price paid is £182,000 which is up by £13,067 and Avg. asking rent £646.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 Morland Place, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £182,000 based on approximately 1 sales in Morland Place, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £165,500. 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 £169,800 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £162,750 per sale.