Values have been changing and have risen £133 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £395 in last 6 months, £4,119 in last 1 year, £6,880 in last 2 years, £6,694 in last 3 years, £5,674 in last 4 years and £6,300 in last 5 years.
Currently average asking price of a property in Birchdale Avenue, Erdington, Birmingham, B23 is around £124,475 based on approximately 4 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Birchdale Avenue, Erdington, Birmingham, B23 is £67,122. Average asking price is £124,475 while average price paid is £42,987 which is up by £4,119 and Avg. asking rent £657.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 Birchdale Avenue, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £42,987 based on approximately 4 sales in Birchdale Avenue, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £53,850. 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 £54,240 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £55,596 per sale.