Values have been changing and have risen £477 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,502 in last 6 months, £8,025 in last 1 year, £12,977 in last 2 years, £11,509 in last 3 years, £12,339 in last 4 years and £12,838 in last 5 years.
Currently average asking price of a property in Popes Lane, Birmingham, B38 is around £226,309 based on approximately 0 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.
Estimated property value in Popes Lane, Birmingham, B38 is £107,283. Average asking price is £226,309 while average price paid is £44,000 which is up by £11,509 and Avg. asking rent £581.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 Popes Lane, Birmingham, B38 area. In last 3 years alone average price buyer paid is around £44,000 based on approximately 1 sales in Popes Lane, Birmingham, B38 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £74,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £80,500 for 4 per sale.