Average Price for property in Burntwood is around £185,674 which varies based on type of property you are interested in and ranges from £261,434 for detached house to around £158,814 for semi-detached. Similarly terraced house is around £133,346 and a flat is worth £120,569. Values have been changing and have risen £1,153 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,783 in last 6 months, £14,287 in last 1 year, £20,775 in last 2 years, £18,695 in last 3 years, £16,579 in last 4 years and £17,181 in last 5 years.
Currently average asking price of a property in Burntwood is around £212,819 based on approximately 348 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £739 per month.
Estimated property value in Burntwood is £185,674. Average asking price is £212,819 while average price paid is £172,150 which is up by £14,287 and Avg. asking rent £739.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 Burntwood area. In last 1 year alone average price buyer paid is around £172,150 based on approximately 348 sales in Burntwood area alone. If you compare it to last 3 years sales of 946 properties where buyers paid around £163,659. 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 £161,890 for 1,452 and average amount paid for purchase of approx. 1,912 properties sold in last 7 years comes to about £162,016 per sale.