Average Price for property in Oak Tree Close, Alvechurch, Birmingham, B48 is around £337,946 e.g. average price for detached house is around 337,946. Values have been changing and have risen £853 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,596 in last 6 months, £19,957 in last 1 year, £34,691 in last 2 years, £35,772 in last 3 years, £32,677 in last 4 years and £33,783 in last 5 years.
Currently average asking price of a property in Oak Tree Close, Alvechurch, Birmingham, B48 is around £467,602 based on approximately 1 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £750 per month.
Estimated property value in Oak Tree Close, Alvechurch, Birmingham, B48 is £337,946. Average asking price is £467,602 while average price paid is £272,500 which is up by £19,957 and Avg. asking rent £750.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 Oak Tree Close, Alvechurch, Birmingham, B48 area. In last 1 year alone average price buyer paid is around £272,500 based on approximately 1 sales in Oak Tree Close, Alvechurch, Birmingham, B48 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £258,750. 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 £261,666 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £249,500 per sale.