Average Price for property in B5 is around £171,107 which varies based on type of property you are interested in and ranges from £390,719 for detached house to around £225,457 for semi-detached. Similarly terraced house is around £177,313 and a flat is worth £152,547. Values have been changing and have risen £769 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,192 in last 6 months, £10,215 in last 1 year, £19,503 in last 2 years, £20,392 in last 3 years, £17,687 in last 4 years and £18,775 in last 5 years.
Currently average asking price of a property in B5 is around £168,218 based on approximately 155 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £892 per month.
Estimated property value in B5 is £171,107. Average asking price is £168,218 while average price paid is £144,949 which is up by £10,215 and Avg. asking rent £892.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 B5 area. In last 1 year alone average price buyer paid is around £144,949 based on approximately 155 sales in B5 area alone. If you compare it to last 3 years sales of 361 properties where buyers paid around £135,581. 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 £134,224 for 635 and average amount paid for purchase of approx. 1,136 properties sold in last 7 years comes to about £136,616 per sale.