Average Price for property in Gorsey Lane, Wythall, Birmingham, B47 is around £414,320 which varies based on type of property you are interested in and ranges from £422,543 for detached house to around £315,658 for semi-detached. Values have been changing and have risen £1,119 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,593 in last 6 months, £24,560 in last 1 year, £42,501 in last 2 years, £43,948 in last 3 years, £39,853 in last 4 years and £41,186 in last 5 years.
Currently average asking price of a property in Gorsey Lane, Wythall, Birmingham, B47 is around £256,221 based on approximately 4 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 Gorsey Lane, Wythall, Birmingham, B47 is £414,320. Average asking price is £256,221 while average price paid is £399,625 which is up by £24,560 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 Gorsey Lane, Wythall, Birmingham, B47 area. In last 1 year alone average price buyer paid is around £399,625 based on approximately 4 sales in Gorsey Lane, Wythall, Birmingham, B47 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £358,087. 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 £348,970 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £335,881 per sale.