Average Price for property in New House Farm Drive, Birmingham, B31 is around £437,541 which varies based on type of property you are interested in and ranges from £458,591 for detached house to around £388,855 for semi-detached. Similarly terraced house is around £384,471 and a flat is worth £390,668. Values have been changing and have risen £3,400 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,301 in last 6 months, £29,451 in last 1 year, £48,222 in last 2 years, £51,045 in last 3 years, £46,663 in last 4 years and £47,816 in last 5 years.
Currently average asking price of a property in New House Farm Drive, Birmingham, B31 is around £147,900 based on approximately 1 properties for sale. Same is the case with rental options based on 70 properties up for rent, average asking rent is around £647 per month.
Estimated property value in New House Farm Drive, Birmingham, B31 is £437,541. Average asking price is £147,900 while average price paid is £328,000 which is up by £29,451 and Avg. asking rent £647.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 New House Farm Drive, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £328,000 based on approximately 1 sales in New House Farm Drive, Birmingham, B31 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £406,000. 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 £373,642 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £368,937 per sale.