Values have been changing and have risen £571 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,319 in last 6 months, £9,179 in last 1 year, £15,059 in last 2 years, £14,838 in last 3 years, £13,830 in last 4 years and £14,574 in last 5 years.
Currently average asking price of a property in Weoley Castle Road, Selly Oak, Birmingham, B29 is around £191,152 based on approximately 5 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 Weoley Castle Road, Selly Oak, Birmingham, B29 is £132,382. Average asking price is £191,152 while average price paid is £103,950 which is up by £9,179 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 Weoley Castle Road, Selly Oak, Birmingham, B29 area. In last 1 year alone average price buyer paid is around £103,950 based on approximately 5 sales in Weoley Castle Road, Selly Oak, Birmingham, B29 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £99,107. 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 £96,145 for 12 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £97,872 per sale.