Average Price for property in Lanchester Road, Kings Norton, Birmingham, B38 is around £137,012 which varies based on type of property you are interested in and ranges from £184,717 for detached house to around £145,976 for semi-detached. Similarly terraced house is around £133,204. Values have been changing and have risen £576 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,814 in last 6 months, £9,687 in last 1 year, £15,660 in last 2 years, £13,885 in last 3 years, £14,885 in last 4 years and £15,486 in last 5 years.
Currently average asking price of a property in Lanchester Road, Kings Norton, Birmingham, B38 is around £222,956 based on approximately 0 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.
Estimated property value in Lanchester Road, Kings Norton, Birmingham, B38 is £137,012. Average asking price is £222,956 while average price paid is £122,491 which is up by £13,885 and Avg. asking rent £581.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 Lanchester Road, Kings Norton, Birmingham, B38 area. In last 3 years alone average price buyer paid is around £122,491 based on approximately 6 sales in Lanchester Road, Kings Norton, Birmingham, B38 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £122,850. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £121,540 for 11 per sale.