Average Price for property in Stourbridge is around £238,951 which varies based on type of property you are interested in and ranges from £370,160 for detached house to around £188,648 for semi-detached. Similarly terraced house is around £158,151 and a flat is worth £136,029. Values have been changing and have risen £3,223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,967 in last 6 months, £12,846 in last 1 year, £19,044 in last 2 years, £19,830 in last 3 years, £14,573 in last 4 years and £19,159 in last 5 years.
Currently average asking price of a property in Stourbridge is around £238,131 based on approximately 1,138 properties for sale. Same is the case with rental options based on 91 properties up for rent, average asking rent is around £683 per month.
Estimated property value in Stourbridge is £238,951. Average asking price is £238,131 while average price paid is £199,319 which is up by £12,846 and Avg. asking rent £683.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 Stourbridge area. In last 1 year alone average price buyer paid is around £199,319 based on approximately 1,138 sales in Stourbridge area alone. If you compare it to last 3 years sales of 3,155 properties where buyers paid around £204,550. 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 £206,475 for 5,150 and average amount paid for purchase of approx. 6,914 properties sold in last 7 years comes to about £203,838 per sale.