Average Price for property in Rea Valley Drive, Northfield, Birmingham, B31 is around £146,134 which varies based on type of property you are interested in and ranges from £219,925 for detached house to around £165,557 for semi-detached. Similarly terraced house is around £124,528 and a flat is worth £92,032. Values have been changing and have risen £1,074 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,253 in last 6 months, £9,299 in last 1 year, £15,229 in last 2 years, £16,124 in last 3 years, £14,746 in last 4 years and £15,113 in last 5 years.
Currently average asking price of a property in Rea Valley Drive, Northfield, Birmingham, B31 is around £147,964 based on approximately 2 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Rea Valley Drive, Northfield, Birmingham, B31 is £146,134. Average asking price is £147,964 while average price paid is £170,500 which is up by £9,299 and Avg. asking rent £646.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 Rea Valley Drive, Northfield, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £170,500 based on approximately 2 sales in Rea Valley Drive, Northfield, Birmingham, B31 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £121,207. 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 £123,992 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £122,150 per sale.