Average Price for property in Malthouse Lane, Washwood Heath, Birmingham, B8 is around £103,207 which varies based on type of property you are interested in and ranges from £216,251 for detached house to around £95,357 for semi-detached. Similarly terraced house is around £98,998 and a flat is worth £67,862. Values have been changing and have risen £697 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,158 in last 6 months, £7,239 in last 1 year, £10,955 in last 2 years, £12,129 in last 3 years, £9,083 in last 4 years and £10,652 in last 5 years.
Currently average asking price of a property in Malthouse Lane, Washwood Heath, Birmingham, B8 is around £123,820 based on approximately 1 properties for sale. Same is the case with rental options based on 32 properties up for rent, average asking rent is around £977 per month.
Estimated property value in Malthouse Lane, Washwood Heath, Birmingham, B8 is £103,207. Average asking price is £123,820 while average price paid is £70,000 which is up by £7,239 and Avg. asking rent £977.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 Malthouse Lane, Washwood Heath, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £70,000 based on approximately 1 sales in Malthouse Lane, Washwood Heath, Birmingham, B8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £77,750. 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 £79,800 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £84,250 per sale.