Values have been changing and have risen £159 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £575 in last 6 months, £4,890 in last 1 year, £9,276 in last 2 years, £8,090 in last 3 years, £6,464 in last 4 years and £7,053 in last 5 years.
Currently average asking price of a property in Spring Grove Gardens, Hockley, Birmingham, B18 is around £163,188 based on approximately 0 properties for sale. Same is the case with rental options based on 60 properties up for rent, average asking rent is around £784 per month.
Estimated property value in Spring Grove Gardens, Hockley, Birmingham, B18 is £83,461. Average asking price is £163,188 while average price paid is £60,000 which is up by £8,090 and Avg. asking rent £784.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 Spring Grove Gardens, Hockley, Birmingham, B18 area. In last 3 years alone average price buyer paid is around £60,000 based on approximately 2 sales in Spring Grove Gardens, Hockley, Birmingham, B18 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £60,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £60,000 for 2 per sale.