Values have been changing and have risen £799 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,070 in last 6 months, £10,232 in last 1 year, £17,789 in last 2 years, £20,485 in last 3 years, £17,846 in last 4 years and £18,764 in last 5 years.
Currently average asking price of a property in Hobs Meadow, Solihull, B92 is around £314,924 based on approximately 2 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £883 per month.
Estimated property value in Hobs Meadow, Solihull, B92 is £184,542. Average asking price is £314,924 while average price paid is £155,000 which is up by £10,232 and Avg. asking rent £883.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 Hobs Meadow, Solihull, B92 area. In last 1 year alone average price buyer paid is around £155,000 based on approximately 2 sales in Hobs Meadow, Solihull, B92 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £155,000. 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 £148,250 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £143,833 per sale.