Average Price for property in South Road, Erdington, Birmingham, B23 is around £123,982 which varies based on type of property you are interested in and ranges from £178,528 for detached house to around £134,804 for semi-detached. Similarly terraced house is around £122,185 and a flat is worth £89,953. Values have been changing and have risen £245 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £728 in last 6 months, £7,605 in last 1 year, £12,701 in last 2 years, £12,351 in last 3 years, £10,461 in last 4 years and £11,611 in last 5 years.
Currently average asking price of a property in South Road, Erdington, Birmingham, B23 is around £124,475 based on approximately 8 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 Road, Erdington, Birmingham, B23 is £123,982. Average asking price is £124,475 while average price paid is £114,296 which is up by £7,605 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 Road, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £114,296 based on approximately 8 sales in South Road, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £106,960. 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 £108,727 for 21 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £113,714 per sale.