Values have been changing and have risen £350 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £661 in last 6 months, £3,285 in last 1 year, £8,808 in last 2 years, £10,303 in last 3 years, £8,624 in last 4 years and £8,021 in last 5 years.
Currently average asking price of a property in Sams Lane, West Bromwich, B70 is around £144,748 based on approximately 11 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £980 per month.
Estimated property value in Sams Lane, West Bromwich, B70 is £94,015. Average asking price is £144,748 while average price paid is £151,031 which is up by £3,285 and Avg. asking rent £980.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 Sams Lane, West Bromwich, B70 area. In last 1 year alone average price buyer paid is around £151,031 based on approximately 11 sales in Sams Lane, West Bromwich, B70 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £153,417. 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 £153,417 for 17 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £153,417 per sale.