Average Price for property in Black Lake, West Bromwich, B70 is around £103,799 which varies based on type of property you are interested in and ranges from £171,415 for detached house to around £109,177 for semi-detached. Similarly terraced house is around £74,089. Values have been changing and have risen £387 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £730 in last 6 months, £3,628 in last 1 year, £9,726 in last 2 years, £11,376 in last 3 years, £9,522 in last 4 years and £8,857 in last 5 years.
Currently average asking price of a property in Black Lake, West Bromwich, B70 is around £144,748 based on approximately 0 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Black Lake, West Bromwich, B70 is £103,799. Average asking price is £144,748 while average price paid is £95,000 which is up by £11,376 and Avg. asking rent £980.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 Black Lake, West Bromwich, B70 area. In last 3 years alone average price buyer paid is around £95,000 based on approximately 3 sales in Black Lake, West Bromwich, B70 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £95,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £90,500 for 4 per sale.