Average Price for property in Drews Lane, Washwood Heath, Birmingham, B8 is around £114,915 Values have been changing and have risen £526 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,617 in last 6 months, £8,144 in last 1 year, £12,242 in last 2 years, £13,371 in last 3 years, £12,091 in last 4 years and £12,097 in last 5 years.
Currently average asking price of a property in Drews Lane, Washwood Heath, Birmingham, B8 is around £145,707 based on approximately 29 properties for sale. Same is the case with rental options based on 3 properties up for rent, average asking rent is around £1,343 per month.
Estimated property value in Drews Lane, Washwood Heath, Birmingham, B8 is £114,915. Average asking price is £145,707 while average price paid is £99,360 which is up by £8,144 and Avg. asking rent £1,343.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 Drews Lane, Washwood Heath, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £99,360 based on approximately 29 sales in Drews Lane, Washwood Heath, Birmingham, B8 area alone. If you compare it to last 3 years sales of 88 properties where buyers paid around £96,357. 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 £99,585 for 179 and average amount paid for purchase of approx. 269 properties sold in last 7 years comes to about £102,773 per sale.