Average Price for property in The Ridgeway, Erdington, Birmingham, B23 is around £111,011 which varies based on type of property you are interested in and ranges from £130,801 for detached house to around £111,156 for semi-detached. Similarly terraced house is around £110,410. Values have been changing and have risen £218 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £651 in last 6 months, £6,808 in last 1 year, £11,368 in last 2 years, £11,055 in last 3 years, £9,365 in last 4 years and £10,393 in last 5 years.
Currently average asking price of a property in The Ridgeway, Erdington, Birmingham, B23 is around £124,475 based on approximately 2 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 The Ridgeway, Erdington, Birmingham, B23 is £111,011. Average asking price is £124,475 while average price paid is £107,500 which is up by £6,808 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 The Ridgeway, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £107,500 based on approximately 2 sales in The Ridgeway, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £104,777. 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 £101,750 for 12 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £101,071 per sale.