Average Price for property in Kings Lane, Broom, Alcester, B50 is around £465,900 e.g. average price for detached house is around 465,900. Values have been changing and have risen £4,679 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,950 in last 6 months, £26,635 in last 1 year, £28,549 in last 2 years, £22,807 in last 3 years, £24,710 in last 4 years and £46,415 in last 5 years.
Currently average asking price of a property in Kings Lane, Broom, Alcester, B50 is around £333,356 based on approximately 2 properties for sale. Same is the case with rental options based on 7 properties up for rent, average asking rent is around £689 per month.
Estimated property value in Kings Lane, Broom, Alcester, B50 is £465,900. Average asking price is £333,356 while average price paid is £570,000 which is up by £26,635 and Avg. asking rent £689.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 Kings Lane, Broom, Alcester, B50 area. In last 1 year alone average price buyer paid is around £570,000 based on approximately 2 sales in Kings Lane, Broom, Alcester, B50 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £463,333. 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 £463,333 for 3 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £570,000 per sale.