Average Price for property in Park Close, Erdington, Birmingham, B24 is around £106,987 which varies based on type of property you are interested in and ranges from £101,451 for terraced house to around £107,430 for a flat. Values have been changing and have risen £436 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,333 in last 6 months, £6,843 in last 1 year, £10,908 in last 2 years, £12,288 in last 3 years, £11,174 in last 4 years and £11,296 in last 5 years.
Currently average asking price of a property in Park Close, Erdington, Birmingham, B24 is around £166,466 based on approximately 3 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Park Close, Erdington, Birmingham, B24 is £106,987. Average asking price is £166,466 while average price paid is £100,166 which is up by £6,843 and Avg. asking rent £575.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 Close, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £100,166 based on approximately 3 sales in Park Close, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £86,250. 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 £93,045 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £92,464 per sale.