Values have been changing and have risen £421 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,170 in last 6 months, £7,017 in last 1 year, £12,837 in last 2 years, £13,486 in last 3 years, £11,985 in last 4 years and £11,344 in last 5 years.
Currently average asking price of a property in Downsfield Road, Birmingham, B26 is around £157,501 based on approximately 2 properties for sale. Same is the case with rental options based on 37 properties up for rent, average asking rent is around £909 per month.
Estimated property value in Downsfield Road, Birmingham, B26 is £117,399. Average asking price is £157,501 while average price paid is £83,500 which is up by £7,017 and Avg. asking rent £909.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 Downsfield Road, Birmingham, B26 area. In last 1 year alone average price buyer paid is around £83,500 based on approximately 2 sales in Downsfield Road, Birmingham, B26 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £115,910. 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 £112,895 for 15 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £113,319 per sale.