Average Price for property in Penn Lane, Tanworth-in-Arden, Solihull, B94 is around £976,861 which varies based on type of property you are interested in and ranges from £1,004,866 for detached house to around £654,808 for semi-detached. Values have been changing and have risen £3,145 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,227 in last 6 months, £58,930 in last 1 year, £99,710 in last 2 years, £103,397 in last 3 years, £91,845 in last 4 years and £98,080 in last 5 years.
Currently average asking price of a property in Penn Lane, Tanworth-in-Arden, Solihull, B94 is around £589,694 based on approximately 0 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,363 per month.
Estimated property value in Penn Lane, Tanworth-in-Arden, Solihull, B94 is £976,861. Average asking price is £589,694 while average price paid is £672,500 which is up by £103,397 and Avg. asking rent £1,363.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 Penn Lane, Tanworth-in-Arden, Solihull, B94 area. In last 3 years alone average price buyer paid is around £672,500 based on approximately 2 sales in Penn Lane, Tanworth-in-Arden, Solihull, B94 area alone. If you compare it to last 5 years sales of 7 properties where buyers paid around £790,000. 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 £778,750 for 8 per sale.