Values have been changing and have risen £418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,278 in last 6 months, £6,560 in last 1 year, £10,456 in last 2 years, £11,779 in last 3 years, £10,711 in last 4 years and £10,829 in last 5 years.
Currently average asking price of a property in Round Road, Erdington, Birmingham, B24 is around £166,466 based on approximately 5 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Round Road, Erdington, Birmingham, B24 is £102,587. Average asking price is £166,466 while average price paid is £98,900 which is up by £6,560 and Avg. asking rent £575.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 Round Road, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £98,900 based on approximately 5 sales in Round Road, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £94,833. 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 £92,494 for 18 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £91,996 per sale.