Average Price for property in South Road, Northfield, Birmingham, B31 is around £237,889 which varies based on type of property you are interested in and ranges from £330,374 for detached house to around £235,524 for semi-detached. Similarly terraced house is around £192,683 and a flat is worth £100,590. Values have been changing and have risen £1,747 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,294 in last 6 months, £15,133 in last 1 year, £24,782 in last 2 years, £26,234 in last 3 years, £23,986 in last 4 years and £24,581 in last 5 years.
Currently average asking price of a property in South Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 3 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in South Road, Northfield, Birmingham, B31 is £237,889. Average asking price is £147,964 while average price paid is £201,000 which is up by £15,133 and Avg. asking rent £646.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, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £201,000 based on approximately 3 sales in South Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £202,928. 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 £203,700 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £204,928 per sale.