Average Price for property in South Grove, Erdington, Birmingham, B23 is around £82,110 which varies based on type of property you are interested in and ranges from £87,327 for terraced house to around £81,969 for a flat. Values have been changing and have risen £162 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £482 in last 6 months, £5,037 in last 1 year, £8,412 in last 2 years, £8,181 in last 3 years, £6,931 in last 4 years and £7,694 in last 5 years.
Currently average asking price of a property in South Grove, Erdington, Birmingham, B23 is around £124,475 based on approximately 1 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in South Grove, Erdington, Birmingham, B23 is £82,110. Average asking price is £124,475 while average price paid is £69,000 which is up by £5,037 and Avg. asking rent £657.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 South Grove, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £69,000 based on approximately 1 sales in South Grove, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £62,000. 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 £66,600 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £71,714 per sale.