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 £991 in last 6 months, £6,235 in last 1 year, £10,873 in last 2 years, £10,184 in last 3 years, £9,798 in last 4 years and £9,765 in last 5 years.
Currently average asking price of a property in Perch Avenue, Fordbridge, Birmingham, B37 is around £172,419 based on approximately 3 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £2,814 per month.
Estimated property value in Perch Avenue, Fordbridge, Birmingham, B37 is £94,329. Average asking price is £172,419 while average price paid is £86,666 which is up by £6,235 and Avg. asking rent £2,814.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 Perch Avenue, Fordbridge, Birmingham, B37 area. In last 1 year alone average price buyer paid is around £86,666 based on approximately 3 sales in Perch Avenue, Fordbridge, Birmingham, B37 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £85,333. 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 £82,166 for 12 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £81,692 per sale.