Values have been changing and have risen £491 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,133 in last 6 months, £7,883 in last 1 year, £12,933 in last 2 years, £12,743 in last 3 years, £11,877 in last 4 years and £12,516 in last 5 years.
Currently average asking price of a property in Somerford Road, Northfield, Birmingham, B29 is around £191,152 based on approximately 4 properties for sale. Same is the case with rental options based on 1,120 properties up for rent, average asking rent is around £611 per month.
Estimated property value in Somerford Road, Northfield, Birmingham, B29 is £113,673. Average asking price is £191,152 while average price paid is £96,750 which is up by £7,883 and Avg. asking rent £611.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 Somerford Road, Northfield, Birmingham, B29 area. In last 1 year alone average price buyer paid is around £96,750 based on approximately 4 sales in Somerford Road, Northfield, Birmingham, B29 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £91,408. 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 £85,827 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £85,870 per sale.