Values have been changing and have risen £561 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,807 in last 6 months, £6,389 in last 1 year, £10,686 in last 2 years, £11,263 in last 3 years, £10,139 in last 4 years and £9,943 in last 5 years.
Currently average asking price of a property in Edward Road, Bearwood, Smethwick, B67 is around £155,758 based on approximately 1 properties for sale. Same is the case with rental options based on 69 properties up for rent, average asking rent is around £585 per month.
Estimated property value in Edward Road, Bearwood, Smethwick, B67 is £98,008. Average asking price is £155,758 while average price paid is £106,500 which is up by £6,389 and Avg. asking rent £585.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 Edward Road, Bearwood, Smethwick, B67 area. In last 1 year alone average price buyer paid is around £106,500 based on approximately 1 sales in Edward Road, Bearwood, Smethwick, B67 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £93,600. 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 £95,444 for 9 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £95,444 per sale.