Values have been changing and have risen £508 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,598 in last 6 months, £8,533 in last 1 year, £13,798 in last 2 years, £12,234 in last 3 years, £13,115 in last 4 years and £13,646 in last 5 years.
Currently average asking price of a property in Wast Hill Grove, Kings Norton, Birmingham, B38 is around £222,956 based on approximately 2 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.
Estimated property value in Wast Hill Grove, Kings Norton, Birmingham, B38 is £120,693. Average asking price is £222,956 while average price paid is £97,250 which is up by £8,533 and Avg. asking rent £581.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 Wast Hill Grove, Kings Norton, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £97,250 based on approximately 2 sales in Wast Hill Grove, Kings Norton, Birmingham, B38 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £80,250. 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 £87,200 for 5 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £87,200 per sale.