Average Price for property in Cradley Heath is around £146,310 which varies based on type of property you are interested in and ranges from £223,200 for detached house to around £136,377 for semi-detached. Similarly terraced house is around £117,358 and a flat is worth £98,211. Values have been changing and have risen £2,411 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,439 in last 6 months, £19,675 in last 1 year, £19,234 in last 2 years, £16,796 in last 3 years, £17,695 in last 4 years and £20,472 in last 5 years.
Currently average asking price of a property in Cradley Heath is around £132,091 based on approximately 153 properties for sale. Same is the case with rental options based on 44 properties up for rent, average asking rent is around £666 per month.
Estimated property value in Cradley Heath is £146,310. Average asking price is £132,091 while average price paid is £134,172 which is up by £19,675 and Avg. asking rent £666.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 Cradley Heath area. In last 1 year alone average price buyer paid is around £134,172 based on approximately 153 sales in Cradley Heath area alone. If you compare it to last 3 years sales of 435 properties where buyers paid around £127,338. 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 £127,276 for 688 and average amount paid for purchase of approx. 941 properties sold in last 7 years comes to about £125,926 per sale.