Average Price for property in Park Approach, Erdington, Birmingham, B23 is around £81,356 e.g. average price for a flat is around 81,356. Values have been changing and have risen £161 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £479 in last 6 months, £4,992 in last 1 year, £8,335 in last 2 years, £8,106 in last 3 years, £6,869 in last 4 years and £7,625 in last 5 years.
Currently average asking price of a property in Park Approach, Erdington, Birmingham, B23 is around £124,475 based on approximately 3 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 Park Approach, Erdington, Birmingham, B23 is £81,356. Average asking price is £124,475 while average price paid is £66,666 which is up by £4,992 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 Park Approach, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £66,666 based on approximately 3 sales in Park Approach, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £60,500. 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 £60,500 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £66,200 per sale.