Mere Green House Prices, Birmingham
Mere Green is an area, located in Birmingham.
Mere Green House Prices
As of June, 2024, the average house prices in Mere Green are as follows:
- 1 bedroom flat – £165,000 (3.58%)
- 2 bedroom flat – £250,000 (-9.47%)
- 3 bedroom flat – £425,000 (-2.72%)
- 4 bedroom flat – £632,475 (-5.84%)
- 5 bedroom flat – £885,000 (-2.32%)
Keep in mind that these are simply the average rates for Mere Green house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Mere Green, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Mere Green house price is £485,000, low by 1.02% as of £490,000 in May, 2024.
- Currently, there are 162 houses for sale and an average of 9 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Mere Green house prices.
Mere Green House Prices Growth
The average house price in Mere Green over the last 5 years is as follows:
- 2019-06 – £318,356
- 2020-06 – £310,020 (-2.62%)
- 2021-06 – £370,763 (19.59%)
- 2022-06 – £359,284 (-3.1%)
- 2023-06 – £379,246 (5.56%)
- 2024-06 – £385,419 (1.63%)
Sold house prices in Mere Green have increased from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 21%. Thanks to this overall increase, many sellers are generating attractive profits.
In addition to checking the average Mere Green house prices, it’s also wise to keep an eye on house rent prices in Mere Green. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Mere Green.