Average Price for property in Solihull is around £328,595 which varies based on type of property you are interested in and ranges from £496,507 for detached house to around £260,825 for semi-detached. Similarly terraced house is around £223,182 and a flat is worth £190,936. Values have been changing and have risen £322 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,846 in last 6 months, £22,714 in last 1 year, £30,580 in last 2 years, £43,733 in last 3 years, £37,095 in last 4 years and £41,602 in last 5 years.
Currently average asking price of a property in Solihull is around £350,427 based on approximately 2,056 properties for sale. Same is the case with rental options based on 159 properties up for rent, average asking rent is around £1,139 per month.
Estimated property value in Solihull is £328,595. Average asking price is £350,427 while average price paid is £285,266 which is up by £22,714 and Avg. asking rent £1,139.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 Solihull area. In last 1 year alone average price buyer paid is around £285,266 based on approximately 2,056 sales in Solihull area alone. If you compare it to last 3 years sales of 6,110 properties where buyers paid around £275,291. 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 £272,478 for 9,776 and average amount paid for purchase of approx. 13,087 properties sold in last 7 years comes to about £267,760 per sale.