Average Price for property in B7 is around £97,308 which varies based on type of property you are interested in and ranges from £133,550 for detached house to around £114,724 for semi-detached. Similarly terraced house is around £99,318 and a flat is worth £68,563. Values have been changing and have risen £393 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,169 in last 6 months, £5,713 in last 1 year, £11,081 in last 2 years, £11,538 in last 3 years, £10,054 in last 4 years and £10,581 in last 5 years.
Currently average asking price of a property in B7 is around £148,994 based on approximately 14 properties for sale. Same is the case with rental options based on 27 properties up for rent, average asking rent is around £1,605 per month.
Estimated property value in B7 is £97,308. Average asking price is £148,994 while average price paid is £85,032 which is up by £5,713 and Avg. asking rent £1,605.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 B7 area. In last 1 year alone average price buyer paid is around £85,032 based on approximately 14 sales in B7 area alone. If you compare it to last 3 years sales of 44 properties where buyers paid around £84,390. 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 £84,095 for 74 and average amount paid for purchase of approx. 109 properties sold in last 7 years comes to about £87,642 per sale.