Values have been changing and have risen £1,053 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,911 in last 6 months, £6,947 in last 1 year, £10,568 in last 2 years, £11,437 in last 3 years, £10,289 in last 4 years and £8,740 in last 5 years.
Currently average asking price of a property in Hobs Road, Lichfield, WS13 is around £279,058 based on approximately 6 properties for sale. Same is the case with rental options based on 48 properties up for rent, average asking rent is around £1,243 per month.
Estimated property value in Hobs Road, Lichfield, WS13 is £90,375. Average asking price is £279,058 while average price paid is £73,158 which is up by £6,947 and Avg. asking rent £1,243.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 Hobs Road, Lichfield, WS13 area. In last 1 year alone average price buyer paid is around £73,158 based on approximately 6 sales in Hobs Road, Lichfield, WS13 area alone. If you compare it to last 3 years sales of 24 properties where buyers paid around £72,362. 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 £73,440 for 30 and average amount paid for purchase of approx. 38 properties sold in last 7 years comes to about £78,321 per sale.