Average Price for property in Florence Road, West Bromwich, B70 is around £97,558 which varies based on type of property you are interested in and ranges from £232,108 for detached house to around £110,199 for semi-detached. Similarly terraced house is around £92,191 and a flat is worth £43,163. Values have been changing and have risen £364 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £686 in last 6 months, £3,409 in last 1 year, £9,139 in last 2 years, £10,688 in last 3 years, £8,945 in last 4 years and £8,321 in last 5 years.
Currently average asking price of a property in Florence Road, West Bromwich, B70 is around £144,748 based on approximately 2 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Florence Road, West Bromwich, B70 is £97,558. Average asking price is £144,748 while average price paid is £67,500 which is up by £3,409 and Avg. asking rent £980.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 Florence Road, West Bromwich, B70 area. In last 1 year alone average price buyer paid is around £67,500 based on approximately 2 sales in Florence Road, West Bromwich, B70 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £67,500. 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 £67,333 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £75,900 per sale.