Values have been changing and have risen £446 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,363 in last 6 months, £6,995 in last 1 year, £11,149 in last 2 years, £12,560 in last 3 years, £11,421 in last 4 years and £11,544 in last 5 years.
Currently average asking price of a property in Hayes Grove, Erdington, Birmingham, B24 is around £166,466 based on approximately 4 properties for sale. Same is the case with rental options based on 64 properties up for rent, average asking rent is around £575 per month.
Estimated property value in Hayes Grove, Erdington, Birmingham, B24 is £109,377. Average asking price is £166,466 while average price paid is £124,495 which is up by £6,995 and Avg. asking rent £575.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 Hayes Grove, Erdington, Birmingham, B24 area. In last 1 year alone average price buyer paid is around £124,495 based on approximately 4 sales in Hayes Grove, Erdington, Birmingham, B24 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £115,211. 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 £115,211 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £115,211 per sale.