Average Price for property in Norman Road, Northfield, Birmingham, B31 is around £349,136 which varies based on type of property you are interested in and ranges from £403,995 for detached house to around £362,987 for semi-detached. Similarly terraced house is around £405,339 and a flat is worth £135,538. Values have been changing and have risen £2,564 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,769 in last 6 months, £22,209 in last 1 year, £36,367 in last 2 years, £38,495 in last 3 years, £35,195 in last 4 years and £36,065 in last 5 years.
Currently average asking price of a property in Norman Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 1 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Norman Road, Northfield, Birmingham, B31 is £349,136. Average asking price is £147,964 while average price paid is £230,000 which is up by £22,209 and Avg. asking rent £646.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 Norman Road, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Norman Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £258,833. 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 £258,833 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £265,882 per sale.