Values have been changing and have risen £363 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,082 in last 6 months, £5,293 in last 1 year, £10,269 in last 2 years, £10,692 in last 3 years, £9,318 in last 4 years and £9,807 in last 5 years.
Currently average asking price of a property in Nechells Park Road, Nechells, Birmingham, B7 is around £148,994 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Nechells Park Road, Nechells, Birmingham, B7 is £91,138. Average asking price is £148,994 while average price paid is £97,250 which is up by £10,692 and Avg. asking rent £1,559.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 Nechells Park Road, Nechells, Birmingham, B7 area. In last 3 years alone average price buyer paid is around £97,250 based on approximately 4 sales in Nechells Park Road, Nechells, Birmingham, B7 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £92,800. 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 £94,857 for 7 per sale.