Average Price for property in Norfolk Road, Erdington, Birmingham, B23 is around £150,032 which varies based on type of property you are interested in and ranges from £148,191 for semi-detached to around £153,131 for terraced house. Values have been changing and have risen £295 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £880 in last 6 months, £9,201 in last 1 year, £15,363 in last 2 years, £14,937 in last 3 years, £12,650 in last 4 years and £14,039 in last 5 years.
Currently average asking price of a property in Norfolk Road, Erdington, Birmingham, B23 is around £124,475 based on approximately 6 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Norfolk Road, Erdington, Birmingham, B23 is £150,032. Average asking price is £124,475 while average price paid is £147,833 which is up by £9,201 and Avg. asking rent £657.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 Norfolk Road, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £147,833 based on approximately 6 sales in Norfolk Road, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £139,291. 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 £137,964 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £137,138 per sale.