Average Price for property in Vernon Avenue, Birmingham, B20 is around £442,640 e.g. average price for detached house is around 442,640. Values have been changing and have risen £3,664 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,099 in last 6 months, £35,025 in last 1 year, £49,512 in last 2 years, £47,438 in last 3 years, £50,777 in last 4 years and £52,019 in last 5 years.
Currently average asking price of a property in Vernon Avenue, Birmingham, B20 is around £189,173 based on approximately 1 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £561 per month.
Estimated property value in Vernon Avenue, Birmingham, B20 is £442,640. Average asking price is £189,173 while average price paid is £280,000 which is up by £35,025 and Avg. asking rent £561.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 Vernon Avenue, Birmingham, B20 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 1 sales in Vernon Avenue, Birmingham, B20 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £302,000. 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 £306,428 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £295,000 per sale.