Values have been changing and have risen £666 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,513 in last 6 months, £18,057 in last 1 year, £28,599 in last 2 years, £32,903 in last 3 years, £30,139 in last 4 years and £30,920 in last 5 years.
Currently average asking price of a property in Serpentine Road, Harborne, Birmingham, B17 is around £301,920 based on approximately 5 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £798 per month.
Estimated property value in Serpentine Road, Harborne, Birmingham, B17 is £267,522. Average asking price is £301,920 while average price paid is £87,500 which is up by £18,057 and Avg. asking rent £798.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 Serpentine Road, Harborne, Birmingham, B17 area. In last 1 year alone average price buyer paid is around £87,500 based on approximately 5 sales in Serpentine Road, Harborne, Birmingham, B17 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £175,593. 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 £180,101 for 26 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £195,837 per sale.