Average Price for property in Springfield Road, Kings Heath, Birmingham, B14 is around £298,391 which varies based on type of property you are interested in and ranges from £373,293 for detached house to around £309,918 for semi-detached. Similarly terraced house is around £276,823. Values have been changing and have risen £2,056 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,819 in last 6 months, £19,651 in last 1 year, £31,295 in last 2 years, £36,590 in last 3 years, £32,643 in last 4 years and £33,204 in last 5 years.
Currently average asking price of a property in Springfield Road, Kings Heath, Birmingham, B14 is around £159,617 based on approximately 5 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £949 per month.
Estimated property value in Springfield Road, Kings Heath, Birmingham, B14 is £298,391. Average asking price is £159,617 while average price paid is £281,800 which is up by £19,651 and Avg. asking rent £949.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 Springfield Road, Kings Heath, Birmingham, B14 area. In last 1 year alone average price buyer paid is around £281,800 based on approximately 5 sales in Springfield Road, Kings Heath, Birmingham, B14 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £264,063. 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 £273,207 for 19 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £272,293 per sale.