Average Price for property in Oak Tree Lane, Selly Oak, Birmingham, B29 is around £220,579 which varies based on type of property you are interested in and ranges from £294,913 for detached house to around £229,762 for semi-detached. Similarly terraced house is around £189,061 and a flat is worth £120,074. Values have been changing and have risen £949 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,193 in last 6 months, £15,289 in last 1 year, £25,082 in last 2 years, £24,709 in last 3 years, £23,022 in last 4 years and £24,255 in last 5 years.
Currently average asking price of a property in Oak Tree Lane, Selly Oak, Birmingham, B29 is around £191,152 based on approximately 1 properties for sale. Same is the case with rental options based on 1,115 properties up for rent, average asking rent is around £607 per month.
Estimated property value in Oak Tree Lane, Selly Oak, Birmingham, B29 is £220,579. Average asking price is £191,152 while average price paid is £160,000 which is up by £15,289 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 Oak Tree Lane, Selly Oak, Birmingham, B29 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 1 sales in Oak Tree Lane, Selly Oak, Birmingham, B29 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £178,512. 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 £199,864 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £211,727 per sale.