Values have been changing and have risen £590 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,883 in last 6 months, £7,791 in last 1 year, £12,330 in last 2 years, £12,155 in last 3 years, £11,185 in last 4 years and £9,986 in last 5 years.
Currently average asking price of a property in Watney Grove, Erdington, Birmingham, B44 is around £125,949 based on approximately 2 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £638 per month.
Estimated property value in Watney Grove, Erdington, Birmingham, B44 is £102,351. Average asking price is £125,949 while average price paid is £103,000 which is up by £7,791 and Avg. asking rent £638.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 Watney Grove, Erdington, Birmingham, B44 area. In last 1 year alone average price buyer paid is around £103,000 based on approximately 2 sales in Watney Grove, Erdington, Birmingham, B44 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £81,000. 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 £88,416 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £88,562 per sale.