Values have been changing and have risen £455 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,264 in last 6 months, £7,588 in last 1 year, £13,883 in last 2 years, £14,587 in last 3 years, £12,962 in last 4 years and £12,265 in last 5 years.
Currently average asking price of a property in Rotherfield Road, Birmingham, B26 is around £157,501 based on approximately 1 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £909 per month.
Estimated property value in Rotherfield Road, Birmingham, B26 is £126,998. Average asking price is £157,501 while average price paid is £190,000 which is up by £7,588 and Avg. asking rent £909.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 Rotherfield Road, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £190,000 based on approximately 1 sales in Rotherfield Road, Birmingham, B26 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £143,355. 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 £127,040 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £118,817 per sale.