Average Price for property in Common Lane, Washwood Heath, Birmingham, B8 is around £90,401 e.g. average price for terraced house is around 90,401. Values have been changing and have risen £610 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,890 in last 6 months, £6,341 in last 1 year, £9,597 in last 2 years, £10,627 in last 3 years, £7,960 in last 4 years and £9,333 in last 5 years.
Currently average asking price of a property in Common Lane, Washwood Heath, Birmingham, B8 is around £123,820 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £977 per month.
Estimated property value in Common Lane, Washwood Heath, Birmingham, B8 is £90,401. Average asking price is £123,820 while average price paid is £88,000 which is up by £6,341 and Avg. asking rent £977.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 Common Lane, Washwood Heath, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £88,000 based on approximately 1 sales in Common Lane, Washwood Heath, Birmingham, B8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £88,000. 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 £88,000 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £106,000 per sale.