Average Price for property in Bear Hill, Alvechurch, Birmingham, B48 is around £325,596 which varies based on type of property you are interested in and ranges from £525,173 for detached house to around £260,942 for semi-detached. Similarly terraced house is around £240,568 and a flat is worth £136,032. Values have been changing and have risen £822 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,466 in last 6 months, £19,232 in last 1 year, £33,430 in last 2 years, £34,470 in last 3 years, £31,489 in last 4 years and £32,554 in last 5 years.
Currently average asking price of a property in Bear Hill, Alvechurch, Birmingham, B48 is around £467,602 based on approximately 3 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £750 per month.
Estimated property value in Bear Hill, Alvechurch, Birmingham, B48 is £325,596. Average asking price is £467,602 while average price paid is £283,333 which is up by £19,232 and Avg. asking rent £750.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 Bear Hill, Alvechurch, Birmingham, B48 area. In last 1 year alone average price buyer paid is around £283,333 based on approximately 3 sales in Bear Hill, Alvechurch, Birmingham, B48 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £271,500. 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 £256,118 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £252,145 per sale.