Average Price for property in May Lane, Hollywood, Birmingham, B47 is around £241,133 which varies based on type of property you are interested in and ranges from £323,193 for detached house to around £254,186 for semi-detached. Similarly terraced house is around £197,874. Values have been changing and have risen £651 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,673 in last 6 months, £14,294 in last 1 year, £24,739 in last 2 years, £25,584 in last 3 years, £23,204 in last 4 years and £23,982 in last 5 years.
Currently average asking price of a property in May Lane, Hollywood, Birmingham, B47 is around £256,221 based on approximately 1 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £650 per month.
Estimated property value in May Lane, Hollywood, Birmingham, B47 is £241,133. Average asking price is £256,221 while average price paid is £166,000 which is up by £14,294 and Avg. asking rent £650.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 May Lane, Hollywood, Birmingham, B47 area. In last 1 year alone average price buyer paid is around £166,000 based on approximately 1 sales in May Lane, Hollywood, Birmingham, B47 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £182,975. 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 £182,975 for 2 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £212,128 per sale.