Values have been changing and have risen £705 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,185 in last 6 months, £7,333 in last 1 year, £11,098 in last 2 years, £12,285 in last 3 years, £9,201 in last 4 years and £10,790 in last 5 years.
Currently average asking price of a property in Torrey Grove, Birmingham, B8 is around £124,304 based on approximately 0 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £997 per month.
Estimated property value in Torrey Grove, Birmingham, B8 is £104,543. Average asking price is £124,304 while average price paid is £73,172 which is up by £12,285 and Avg. asking rent £997.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 Torrey Grove, Birmingham, B8 area. In last 3 years alone average price buyer paid is around £73,172 based on approximately 1 sales in Torrey Grove, Birmingham, B8 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £82,724. 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 £91,918 for 4 per sale.