Average Price for property in Meerash Lane, Hammerwich, Burntwood, WS7 is around £169,959 which varies based on type of property you are interested in and ranges from £225,001 for detached house to around £214,592 for semi-detached. Similarly terraced house is around £110,448. Values have been changing and have risen £1,571 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,146 in last 6 months, £12,427 in last 1 year, £17,892 in last 2 years, £21,108 in last 3 years, £17,367 in last 4 years and £16,013 in last 5 years.
Currently average asking price of a property in Meerash Lane, Hammerwich, Burntwood, WS7 is around £211,698 based on approximately 1 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £731 per month.
Estimated property value in Meerash Lane, Hammerwich, Burntwood, WS7 is £169,959. Average asking price is £211,698 while average price paid is £375,000 which is up by £12,427 and Avg. asking rent £731.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 Meerash Lane, Hammerwich, Burntwood, WS7 area. In last 1 year alone average price buyer paid is around £375,000 based on approximately 1 sales in Meerash Lane, Hammerwich, Burntwood, WS7 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £375,000. 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 £249,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £249,000 per sale.