Values have been changing and have risen £290 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,135 in last 6 months, £6,067 in last 1 year, £9,597 in last 2 years, £10,915 in last 3 years, £10,068 in last 4 years and £9,383 in last 5 years.
Currently average asking price of a property in Penncricket Lane, Oldbury, B68 is around £158,730 based on approximately 4 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £639 per month.
Estimated property value in Penncricket Lane, Oldbury, B68 is £98,618. Average asking price is £158,730 while average price paid is £64,312 which is up by £6,067 and Avg. asking rent £639.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 Penncricket Lane, Oldbury, B68 area. In last 1 year alone average price buyer paid is around £64,312 based on approximately 4 sales in Penncricket Lane, Oldbury, B68 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £70,533. 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 £70,415 for 13 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £73,689 per sale.