Average Price for property in Penns Lane, Sutton Coldfield, B76 is around £267,556 which varies based on type of property you are interested in and ranges from £394,534 for detached house to around £313,301 for semi-detached. Similarly terraced house is around £190,643 and a flat is worth £162,414. Values have been changing and have risen £1,180 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,569 in last 6 months, £17,830 in last 1 year, £26,869 in last 2 years, £27,544 in last 3 years, £26,592 in last 4 years and £28,292 in last 5 years.
Currently average asking price of a property in Penns Lane, Sutton Coldfield, B76 is around £296,619 based on approximately 4 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £694 per month.
Estimated property value in Penns Lane, Sutton Coldfield, B76 is £267,556. Average asking price is £296,619 while average price paid is £313,000 which is up by £17,830 and Avg. asking rent £694.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 Penns Lane, Sutton Coldfield, B76 area. In last 1 year alone average price buyer paid is around £313,000 based on approximately 4 sales in Penns Lane, Sutton Coldfield, B76 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £243,392. 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 £213,552 for 21 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £199,422 per sale.