Average Price for property in Gospel Lane, Acocks Green, Birmingham, B27 is around £149,448 which varies based on type of property you are interested in and ranges from £240,276 for detached house to around £155,191 for semi-detached. Similarly terraced house is around £140,675 and a flat is worth £107,255. Values have been changing and have risen £717 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,121 in last 6 months, £8,985 in last 1 year, £16,254 in last 2 years, £17,179 in last 3 years, £15,941 in last 4 years and £15,924 in last 5 years.
Currently average asking price of a property in Gospel Lane, Acocks Green, Birmingham, B27 is around £180,915 based on approximately 7 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £675 per month.
Estimated property value in Gospel Lane, Acocks Green, Birmingham, B27 is £149,448. Average asking price is £180,915 while average price paid is £117,321 which is up by £8,985 and Avg. asking rent £675.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 Gospel Lane, Acocks Green, Birmingham, B27 area. In last 1 year alone average price buyer paid is around £117,321 based on approximately 7 sales in Gospel Lane, Acocks Green, Birmingham, B27 area alone. If you compare it to last 3 years sales of 26 properties where buyers paid around £117,682. 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 £122,797 for 46 and average amount paid for purchase of approx. 65 properties sold in last 7 years comes to about £121,289 per sale.