Average Price for property in Gainsborough Hill, Stourbridge, DY8 is around £282,193 which varies based on type of property you are interested in and ranges from £280,052 for detached house to around £310,023 for semi-detached. Values have been changing and have risen £1,276 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,693 in last 6 months, £13,368 in last 1 year, £20,504 in last 2 years, £20,917 in last 3 years, £13,690 in last 4 years and £11,852 in last 5 years.
Currently average asking price of a property in Gainsborough Hill, Stourbridge, DY8 is around £194,074 based on approximately 3 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £708 per month.
Estimated property value in Gainsborough Hill, Stourbridge, DY8 is £282,193. Average asking price is £194,074 while average price paid is £253,833 which is up by £13,368 and Avg. asking rent £708.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 Gainsborough Hill, Stourbridge, DY8 area. In last 1 year alone average price buyer paid is around £253,833 based on approximately 3 sales in Gainsborough Hill, Stourbridge, DY8 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £241,612. 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 £235,090 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £228,241 per sale.