Values have been changing and have risen £2,128 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,058 in last 6 months, £20,342 in last 1 year, £32,398 in last 2 years, £37,878 in last 3 years, £33,792 in last 4 years and £34,374 in last 5 years.
Currently average asking price of a property in Pound Road, Kings Norton, Birmingham, B14 is around £160,317 based on approximately 1 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £965 per month.
Estimated property value in Pound Road, Kings Norton, Birmingham, B14 is £326,861. Average asking price is £160,317 while average price paid is £25,000 which is up by £20,342 and Avg. asking rent £965.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 Pound Road, Kings Norton, Birmingham, B14 area. In last 1 year alone average price buyer paid is around £25,000 based on approximately 1 sales in Pound Road, Kings Norton, Birmingham, B14 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £25,000. 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 £25,000 for 1 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £219,024 per sale.