Average Price for property in The Rise, Hopwood, Alvechurch, Birmingham, B48 is around £411,830 e.g. average price for detached house is around 411,830. Values have been changing and have risen £1,099 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,637 in last 6 months, £25,734 in last 1 year, £44,733 in last 2 years, £46,123 in last 3 years, £42,132 in last 4 years and £43,557 in last 5 years.
Currently average asking price of a property in The Rise, Hopwood, Alvechurch, Birmingham, B48 is around £467,602 based on approximately 0 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £750 per month.
Estimated property value in The Rise, Hopwood, Alvechurch, Birmingham, B48 is £411,830. Average asking price is £467,602 while average price paid is £305,000 which is up by £46,123 and Avg. asking rent £750.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 The Rise, Hopwood, Alvechurch, Birmingham, B48 area. In last 3 years alone average price buyer paid is around £305,000 based on approximately 2 sales in The Rise, Hopwood, Alvechurch, Birmingham, B48 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £276,666. 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 £276,666 for 3 per sale.