Average Price for property in Newells Road, Birmingham, B26 is around £122,226 which varies based on type of property you are interested in and ranges from £121,631 for semi-detached to around £122,404 for terraced house. Values have been changing and have risen £438 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,218 in last 6 months, £7,305 in last 1 year, £13,363 in last 2 years, £14,038 in last 3 years, £12,477 in last 4 years and £11,809 in last 5 years.
Currently average asking price of a property in Newells Road, Birmingham, B26 is around £157,501 based on approximately 4 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £909 per month.
Estimated property value in Newells Road, Birmingham, B26 is £122,226. Average asking price is £157,501 while average price paid is £115,375 which is up by £7,305 and Avg. asking rent £909.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 Newells Road, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £115,375 based on approximately 4 sales in Newells Road, Birmingham, B26 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £112,500. 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 £113,142 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £107,166 per sale.