Average Price for property in Shut Mill Lane, Romsley, Halesowen, B62 is around £368,270 e.g. average price for detached house is around 368,270. Values have been changing and have risen £418 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,049 in last 6 months, £24,133 in last 1 year, £39,333 in last 2 years, £41,195 in last 3 years, £34,706 in last 4 years and £34,811 in last 5 years.
Currently average asking price of a property in Shut Mill Lane, Romsley, Halesowen, B62 is around £232,852 based on approximately 1 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £970 per month.
Estimated property value in Shut Mill Lane, Romsley, Halesowen, B62 is £368,270. Average asking price is £232,852 while average price paid is £380,000 which is up by £24,133 and Avg. asking rent £970.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 Shut Mill Lane, Romsley, Halesowen, B62 area. In last 1 year alone average price buyer paid is around £380,000 based on approximately 1 sales in Shut Mill Lane, Romsley, Halesowen, B62 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £315,000. 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 £315,000 for 2 and average amount paid for purchase of approx. 2 properties sold in last 7 years comes to about £315,000 per sale.