Average Price for property in Bromsgrove is around £231,385 which varies based on type of property you are interested in and ranges from £322,690 for detached house to around £185,576 for semi-detached. Similarly terraced house is around £157,093 and a flat is worth £123,096. Values have been changing and have risen £1,937 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,297 in last 6 months, £4,666 in last 1 year, £23,173 in last 2 years, £22,198 in last 3 years, £16,365 in last 4 years and £18,489 in last 5 years.
Currently average asking price of a property in Bromsgrove is around £260,648 based on approximately 796 properties for sale. Same is the case with rental options based on 86 properties up for rent, average asking rent is around £1,205 per month.
Estimated property value in Bromsgrove is £231,385. Average asking price is £260,648 while average price paid is £217,647 which is up by £4,666 and Avg. asking rent £1,205.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 Bromsgrove area. In last 1 year alone average price buyer paid is around £217,647 based on approximately 796 sales in Bromsgrove area alone. If you compare it to last 3 years sales of 2,147 properties where buyers paid around £208,771. 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 £207,443 for 3,433 and average amount paid for purchase of approx. 4,518 properties sold in last 7 years comes to about £205,936 per sale.