Average Price for property in Rocky Lane, Nechells, Birmingham, B7 is around £96,248 e.g. average price for terraced house is around 99,639. Values have been changing and have risen £385 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,145 in last 6 months, £5,592 in last 1 year, £10,844 in last 2 years, £11,292 in last 3 years, £9,842 in last 4 years and £10,358 in last 5 years.
Currently average asking price of a property in Rocky Lane, Nechells, Birmingham, B7 is around £148,994 based on approximately 0 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,559 per month.
Estimated property value in Rocky Lane, Nechells, Birmingham, B7 is £96,248. Average asking price is £148,994 while average price paid is £85,000 which is up by £11,292 and Avg. asking rent £1,559.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 Rocky Lane, Nechells, Birmingham, B7 area. In last 3 years alone average price buyer paid is around £85,000 based on approximately 1 sales in Rocky Lane, Nechells, Birmingham, B7 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £87,500. 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 £87,500 for 2 per sale.