Average Price for property in Old Bromford Lane, Hodge Hill, Birmingham, B8 is around £160,627 which varies based on type of property you are interested in and ranges from £192,683 for detached house to around £154,321 for semi-detached. Similarly terraced house is around £222,592 and a flat is worth £75,210. Values have been changing and have risen £1,084 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,358 in last 6 months, £11,263 in last 1 year, £17,045 in last 2 years, £18,870 in last 3 years, £14,127 in last 4 years and £16,565 in last 5 years.
Currently average asking price of a property in Old Bromford Lane, Hodge Hill, Birmingham, B8 is around £124,304 based on approximately 1 properties for sale. Same is the case with rental options based on 31 properties up for rent, average asking rent is around £997 per month.
Estimated property value in Old Bromford Lane, Hodge Hill, Birmingham, B8 is £160,627. Average asking price is £124,304 while average price paid is £105,000 which is up by £11,263 and Avg. asking rent £997.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 Old Bromford Lane, Hodge Hill, Birmingham, B8 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 1 sales in Old Bromford Lane, Hodge Hill, Birmingham, B8 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £83,000. 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 £86,166 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £102,555 per sale.