Average Price for property in Sherborne Street, Edgbaston, Birmingham, B16 is around £159,405 which varies based on type of property you are interested in and ranges from £118,173 for terraced house to around £159,771 for a flat. Values have been changing and have risen £698 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,471 in last 6 months, £10,012 in last 1 year, £17,645 in last 2 years, £17,354 in last 3 years, £17,122 in last 4 years and £16,478 in last 5 years.
Currently average asking price of a property in Sherborne Street, Edgbaston, Birmingham, B16 is around £204,555 based on approximately 8 properties for sale. Same is the case with rental options based on 215 properties up for rent, average asking rent is around £710 per month.
Estimated property value in Sherborne Street, Edgbaston, Birmingham, B16 is £159,405. Average asking price is £204,555 while average price paid is £116,875 which is up by £10,012 and Avg. asking rent £710.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 Sherborne Street, Edgbaston, Birmingham, B16 area. In last 1 year alone average price buyer paid is around £116,875 based on approximately 8 sales in Sherborne Street, Edgbaston, Birmingham, B16 area alone. If you compare it to last 3 years sales of 18 properties where buyers paid around £128,000. 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 £110,563 for 46 and average amount paid for purchase of approx. 143 properties sold in last 7 years comes to about £112,738 per sale.