Values have been changing and have risen £714 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,651 in last 6 months, £11,498 in last 1 year, £18,864 in last 2 years, £18,587 in last 3 years, £17,323 in last 4 years and £18,251 in last 5 years.
Currently average asking price of a property in Wellman Croft, Selly Oak, Birmingham, B29 is around £191,152 based on approximately 1 properties for sale. Same is the case with rental options based on 1,115 properties up for rent, average asking rent is around £607 per month.
Estimated property value in Wellman Croft, Selly Oak, Birmingham, B29 is £165,881. Average asking price is £191,152 while average price paid is £177,000 which is up by £11,498 and Avg. asking rent £607.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 Wellman Croft, Selly Oak, Birmingham, B29 area. In last 1 year alone average price buyer paid is around £177,000 based on approximately 1 sales in Wellman Croft, Selly Oak, Birmingham, B29 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £134,158. 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 £130,129 for 15 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £132,621 per sale.