Values have been changing and have risen £977 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,028 in last 6 months, £10,163 in last 1 year, £15,381 in last 2 years, £17,027 in last 3 years, £12,747 in last 4 years and £14,947 in last 5 years.
Currently average asking price of a property in Morris Road, Ward End, Birmingham, B8 is around £123,820 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £977 per month.
Estimated property value in Morris Road, Ward End, Birmingham, B8 is £144,954. Average asking price is £123,820 while average price paid is £117,000 which is up by £10,163 and Avg. asking rent £977.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 Morris Road, Ward End, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £117,000 based on approximately 1 sales in Morris Road, Ward End, Birmingham, B8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £117,000. 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 £126,562 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £132,054 per sale.