Values have been changing and have risen £140 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £859 in last 6 months, £5,398 in last 1 year, £9,414 in last 2 years, £8,816 in last 3 years, £8,481 in last 4 years and £8,453 in last 5 years.
Currently average asking price of a property in Oakthorpe Drive, Kingshurst, Birmingham, B37 is around £171,813 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £2,701 per month.
Estimated property value in Oakthorpe Drive, Kingshurst, Birmingham, B37 is £81,647. Average asking price is £171,813 while average price paid is £61,000 which is up by £5,398 and Avg. asking rent £2,701.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 Oakthorpe Drive, Kingshurst, Birmingham, B37 area. In last 1 year alone average price buyer paid is around £61,000 based on approximately 3 sales in Oakthorpe Drive, Kingshurst, Birmingham, B37 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £62,000. 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 £66,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £68,000 per sale.