Average Price for property in Rea Street, Birmingham, B5 is around £122,435 which varies based on type of property you are interested in and ranges from £101,370 for terraced house to around £132,968 for a flat. Values have been changing and have risen £545 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,552 in last 6 months, £7,233 in last 1 year, £13,809 in last 2 years, £14,442 in last 3 years, £12,528 in last 4 years and £13,300 in last 5 years.
Currently average asking price of a property in Rea Street, Birmingham, B5 is around £169,700 based on approximately 0 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £907 per month.
Estimated property value in Rea Street, Birmingham, B5 is £122,435. Average asking price is £169,700 while average price paid is £90,000 which is up by £14,442 and Avg. asking rent £907.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 Rea Street, Birmingham, B5 area. In last 3 years alone average price buyer paid is around £90,000 based on approximately 1 sales in Rea Street, Birmingham, B5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £72,500. 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 £95,714 for 7 per sale.