Average Price for property in Bromford Lane, Hodge Hill, Birmingham, B8 is around £152,143 which varies based on type of property you are interested in and ranges from £208,008 for detached house to around £163,567 for semi-detached. Similarly terraced house is around £146,346 and a flat is worth £65,410. Values have been changing and have risen £1,026 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,180 in last 6 months, £10,669 in last 1 year, £16,143 in last 2 years, £17,873 in last 3 years, £13,379 in last 4 years and £15,687 in last 5 years.
Currently average asking price of a property in Bromford Lane, Hodge Hill, Birmingham, B8 is around £124,304 based on approximately 2 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £997 per month.
Estimated property value in Bromford Lane, Hodge Hill, Birmingham, B8 is £152,143. Average asking price is £124,304 while average price paid is £126,000 which is up by £10,669 and Avg. asking rent £997.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 Bromford Lane, Hodge Hill, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £126,000 based on approximately 2 sales in Bromford Lane, Hodge Hill, Birmingham, B8 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £120,928. 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 £124,318 for 22 and average amount paid for purchase of approx. 30 properties sold in last 7 years comes to about £127,333 per sale.