Average Price for property in Merrivale Road, Bearwood, Smethwick, B66 is around £130,001 which varies based on type of property you are interested in and ranges from £144,587 for detached house to around £140,472 for semi-detached. Similarly terraced house is around £128,541. Values have been changing and have risen £513 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,141 in last 6 months, £8,827 in last 1 year, £13,379 in last 2 years, £12,973 in last 3 years, £11,559 in last 4 years and £10,799 in last 5 years.
Currently average asking price of a property in Merrivale Road, Bearwood, Smethwick, B66 is around £138,363 based on approximately 10 properties for sale. Same is the case with rental options based on 72 properties up for rent, average asking rent is around £634 per month.
Estimated property value in Merrivale Road, Bearwood, Smethwick, B66 is £130,001. Average asking price is £138,363 while average price paid is £109,170 which is up by £8,827 and Avg. asking rent £634.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 Merrivale Road, Bearwood, Smethwick, B66 area. In last 1 year alone average price buyer paid is around £109,170 based on approximately 10 sales in Merrivale Road, Bearwood, Smethwick, B66 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £107,310. 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 £107,043 for 26 and average amount paid for purchase of approx. 39 properties sold in last 7 years comes to about £109,900 per sale.