Values have been changing and have risen £622 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,110 in last 6 months, £7,278 in last 1 year, £11,211 in last 2 years, £11,520 in last 3 years, £10,200 in last 4 years and £10,879 in last 5 years.
Currently average asking price of a property in Schoolacre Road, Castle Bromwich, Birmingham, B34 is around £139,582 based on approximately 2 properties for sale. Same is the case with rental options based on 13 properties up for rent, average asking rent is around £896 per month.
Estimated property value in Schoolacre Road, Castle Bromwich, Birmingham, B34 is £101,617. Average asking price is £139,582 while average price paid is £89,250 which is up by £7,278 and Avg. asking rent £896.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 Schoolacre Road, Castle Bromwich, Birmingham, B34 area. In last 1 year alone average price buyer paid is around £89,250 based on approximately 2 sales in Schoolacre Road, Castle Bromwich, Birmingham, B34 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £89,166. 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 £83,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £87,527 per sale.