Values have been changing and have risen £300 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £834 in last 6 months, £5,007 in last 1 year, £9,164 in last 2 years, £9,628 in last 3 years, £8,557 in last 4 years and £8,102 in last 5 years.
Currently average asking price of a property in Silvermere Road, Birmingham, B26 is around £157,501 based on approximately 12 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 Silvermere Road, Birmingham, B26 is £83,786. Average asking price is £157,501 while average price paid is £179,466 which is up by £5,007 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 Silvermere Road, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £179,466 based on approximately 12 sales in Silvermere Road, Birmingham, B26 area alone. If you compare it to last 3 years sales of 16 properties where buyers paid around £151,412. 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 £148,682 for 17 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £141,978 per sale.