Average Price for property in Lones Road, West Bromwich, B71 is around £105,286 which varies based on type of property you are interested in and ranges from £99,834 for semi-detached to around £109,180 for terraced house. Values have been changing and have risen £696 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,215 in last 6 months, £6,465 in last 1 year, £11,700 in last 2 years, £10,749 in last 3 years, £9,656 in last 4 years and £9,447 in last 5 years.
Currently average asking price of a property in Lones Road, West Bromwich, B71 is around £149,062 based on approximately 1 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £607 per month.
Estimated property value in Lones Road, West Bromwich, B71 is £105,286. Average asking price is £149,062 while average price paid is £95,000 which is up by £6,465 and Avg. asking rent £607.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 Lones Road, West Bromwich, B71 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Lones Road, West Bromwich, B71 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £94,250. 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 £88,200 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £90,166 per sale.