Average Price for property in Morley Road, Washwood Heath, Birmingham, B8 is around £117,594 which varies based on type of property you are interested in and ranges from £151,630 for detached house to around £130,526 for semi-detached. Similarly terraced house is around £113,186. Values have been changing and have risen £794 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,459 in last 6 months, £8,249 in last 1 year, £12,481 in last 2 years, £13,817 in last 3 years, £10,348 in last 4 years and £12,134 in last 5 years.
Currently average asking price of a property in Morley Road, Washwood Heath, Birmingham, B8 is around £123,820 based on approximately 2 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 Morley Road, Washwood Heath, Birmingham, B8 is £117,594. Average asking price is £123,820 while average price paid is £90,500 which is up by £8,249 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 Morley Road, Washwood Heath, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £90,500 based on approximately 2 sales in Morley Road, Washwood Heath, Birmingham, B8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £97,214. 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 £95,062 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £101,590 per sale.