Average Price for property in Forest Way, Hollywood, Birmingham, B47 is around £183,640 which varies based on type of property you are interested in and ranges from £261,981 for detached house to around £161,863 for semi-detached. Similarly terraced house is around £200,605 and a flat is worth £126,802. Values have been changing and have risen £497 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,038 in last 6 months, £10,889 in last 1 year, £18,845 in last 2 years, £19,488 in last 3 years, £17,678 in last 4 years and £18,272 in last 5 years.
Currently average asking price of a property in Forest Way, Hollywood, Birmingham, B47 is around £256,221 based on approximately 2 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £650 per month.
Estimated property value in Forest Way, Hollywood, Birmingham, B47 is £183,640. Average asking price is £256,221 while average price paid is £168,750 which is up by £10,889 and Avg. asking rent £650.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 Forest Way, Hollywood, Birmingham, B47 area. In last 1 year alone average price buyer paid is around £168,750 based on approximately 2 sales in Forest Way, Hollywood, Birmingham, B47 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £158,612. 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 £152,900 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £151,237 per sale.