Average Price for property in Melrose Avenue, West Bromwich, B71 is around £120,779 e.g. average price for semi-detached is around 120,779. Values have been changing and have risen £797 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,538 in last 6 months, £7,413 in last 1 year, £13,419 in last 2 years, £12,327 in last 3 years, £11,071 in last 4 years and £10,830 in last 5 years.
Currently average asking price of a property in Melrose Avenue, West Bromwich, B71 is around £149,062 based on approximately 0 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 Melrose Avenue, West Bromwich, B71 is £120,779. Average asking price is £149,062 while average price paid is £115,000 which is up by £12,327 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 Melrose Avenue, West Bromwich, B71 area. In last 3 years alone average price buyer paid is around £115,000 based on approximately 1 sales in Melrose Avenue, West Bromwich, B71 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £115,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £115,000 for 1 per sale.