Average Price for property in Spring Lane, Hockley Heath, Solihull, B94 is around £359,021 which varies based on type of property you are interested in and ranges from £405,799 for detached house to around £282,837 for semi-detached. Similarly terraced house is around £308,678. Values have been changing and have risen £1,157 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,496 in last 6 months, £21,662 in last 1 year, £36,654 in last 2 years, £38,014 in last 3 years, £33,772 in last 4 years and £36,067 in last 5 years.
Currently average asking price of a property in Spring Lane, Hockley Heath, Solihull, B94 is around £602,314 based on approximately 2 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £1,363 per month.
Estimated property value in Spring Lane, Hockley Heath, Solihull, B94 is £359,021. Average asking price is £602,314 while average price paid is £218,375 which is up by £21,662 and Avg. asking rent £1,363.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 Spring Lane, Hockley Heath, Solihull, B94 area. In last 1 year alone average price buyer paid is around £218,375 based on approximately 2 sales in Spring Lane, Hockley Heath, Solihull, B94 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £310,349. 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 £299,458 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £309,968 per sale.