Values have been changing and have risen £307 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,164 in last 6 months, £4,471 in last 1 year, £9,507 in last 2 years, £9,802 in last 3 years, £8,808 in last 4 years and £9,554 in last 5 years.
Currently average asking price of a property in Lock Drive, Stechford, Birmingham, B33 is around £149,361 based on approximately 1 properties for sale. Same is the case with rental options based on 62 properties up for rent, average asking rent is around £768 per month.
Estimated property value in Lock Drive, Stechford, Birmingham, B33 is £95,474. Average asking price is £149,361 while average price paid is £50,000 which is up by £4,471 and Avg. asking rent £768.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 Lock Drive, Stechford, Birmingham, B33 area. In last 1 year alone average price buyer paid is around £50,000 based on approximately 1 sales in Lock Drive, Stechford, Birmingham, B33 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £67,000. 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 £67,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £67,000 per sale.