Average Price for property in Steel Road, Northfield, Birmingham, B31 is around £197,290 which varies based on type of property you are interested in and ranges from £204,655 for detached house to around £213,769 for semi-detached. Similarly terraced house is around £241,207 and a flat is worth £106,091. Values have been changing and have risen £1,449 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,390 in last 6 months, £12,551 in last 1 year, £20,554 in last 2 years, £21,761 in last 3 years, £19,897 in last 4 years and £20,391 in last 5 years.
Currently average asking price of a property in Steel Road, Northfield, Birmingham, B31 is around £147,964 based on approximately 2 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 Steel Road, Northfield, Birmingham, B31 is £197,290. Average asking price is £147,964 while average price paid is £163,975 which is up by £12,551 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 Steel Road, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £163,975 based on approximately 2 sales in Steel Road, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £168,350. 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 £168,303 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £167,863 per sale.