Average Price for property in Cumberland Road, West Bromwich, B71 is around £117,725 which varies based on type of property you are interested in and ranges from £117,916 for semi-detached to around £117,343 for terraced house. Values have been changing and have risen £778 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,474 in last 6 months, £7,227 in last 1 year, £13,080 in last 2 years, £12,018 in last 3 years, £10,794 in last 4 years and £10,560 in last 5 years.
Currently average asking price of a property in Cumberland Road, West Bromwich, B71 is around £149,062 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £607 per month.
Estimated property value in Cumberland Road, West Bromwich, B71 is £117,725. Average asking price is £149,062 while average price paid is £80,000 which is up by £7,227 and Avg. asking rent £607.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 Cumberland Road, West Bromwich, B71 area. In last 1 year alone average price buyer paid is around £80,000 based on approximately 1 sales in Cumberland Road, West Bromwich, B71 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £80,000. 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 £100,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £100,000 per sale.