Values have been changing and have risen £638 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,931 in last 6 months, £5,518 in last 1 year, £9,038 in last 2 years, £9,573 in last 3 years, £8,760 in last 4 years and £8,980 in last 5 years.
Currently average asking price of a property in Rhayader Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 1 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Rhayader Road, Northfield, Birmingham, B31 is £86,689. Average asking price is £147,964 while average price paid is £90,000 which is up by £5,518 and Avg. asking rent £646.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 Rhayader Road, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Rhayader Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £69,466. 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 £68,780 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £74,985 per sale.