Average Price for property in Newbank Grove, Bordesley Green, Birmingham, B9 is around £164,119 e.g. average price for semi-detached is around 164,119. Values have been changing and have risen £784 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,692 in last 6 months, £11,486 in last 1 year, £19,500 in last 2 years, £19,337 in last 3 years, £14,057 in last 4 years and £15,141 in last 5 years.
Currently average asking price of a property in Newbank Grove, Bordesley Green, Birmingham, B9 is around £144,972 based on approximately 2 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £867 per month.
Estimated property value in Newbank Grove, Bordesley Green, Birmingham, B9 is £164,119. Average asking price is £144,972 while average price paid is £142,150 which is up by £11,486 and Avg. asking rent £867.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 Newbank Grove, Bordesley Green, Birmingham, B9 area. In last 1 year alone average price buyer paid is around £142,150 based on approximately 2 sales in Newbank Grove, Bordesley Green, Birmingham, B9 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £142,150. 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 £159,766 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £159,766 per sale.