Values have been changing and have risen £442 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,340 in last 6 months, £6,546 in last 1 year, £10,378 in last 2 years, £11,013 in last 3 years, £10,707 in last 4 years and £11,090 in last 5 years.
Currently average asking price of a property in Pembroke Way, Birmingham, B28 is around £210,919 based on approximately 6 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £626 per month.
Estimated property value in Pembroke Way, Birmingham, B28 is £102,227. Average asking price is £210,919 while average price paid is £65,666 which is up by £6,546 and Avg. asking rent £626.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 Pembroke Way, Birmingham, B28 area. In last 1 year alone average price buyer paid is around £65,666 based on approximately 6 sales in Pembroke Way, Birmingham, B28 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £70,555. 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 £73,500 for 27 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £75,629 per sale.