Values have been changing and have risen £204 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £607 in last 6 months, £6,334 in last 1 year, £10,577 in last 2 years, £10,284 in last 3 years, £8,712 in last 4 years and £9,671 in last 5 years.
Currently average asking price of a property in Priors Way, Erdington, Birmingham, B23 is around £124,475 based on approximately 1 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Priors Way, Erdington, Birmingham, B23 is £103,255. Average asking price is £124,475 while average price paid is £91,500 which is up by £6,334 and Avg. asking rent £657.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 Priors Way, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £91,500 based on approximately 1 sales in Priors Way, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £77,000. 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 £77,000 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £86,333 per sale.