Average Price for property in West Bromwich is around £128,268 which varies based on type of property you are interested in and ranges from £219,639 for detached house to around £129,451 for semi-detached. Similarly terraced house is around £111,231 and a flat is worth £82,286. Values have been changing and have risen £1,973 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,839 in last 6 months, £1,902 in last 1 year, £7,994 in last 2 years, £12,413 in last 3 years, £8,449 in last 4 years and £4,199 in last 5 years.
Currently average asking price of a property in West Bromwich is around £147,079 based on approximately 388 properties for sale. Same is the case with rental options based on 133 properties up for rent, average asking rent is around £825 per month.
Estimated property value in West Bromwich is £128,268. Average asking price is £147,079 while average price paid is £118,548 which is up by £1,902 and Avg. asking rent £825.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 West Bromwich area. In last 1 year alone average price buyer paid is around £118,548 based on approximately 388 sales in West Bromwich area alone. If you compare it to last 3 years sales of 1,200 properties where buyers paid around £116,914. 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 £116,051 for 1,991 and average amount paid for purchase of approx. 2,853 properties sold in last 7 years comes to about £116,678 per sale.