Values have been changing and have risen £329 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,287 in last 6 months, £7,323 in last 1 year, £12,156 in last 2 years, £15,573 in last 3 years, £12,353 in last 4 years and £9,170 in last 5 years.
Currently average asking price of a property in Water Reed Grove, Walsall, WS2 is around £115,770 based on approximately 1 properties for sale. Same is the case with rental options based on 119 properties up for rent, average asking rent is around £592 per month.
Estimated property value in Water Reed Grove, Walsall, WS2 is £148,477. Average asking price is £115,770 while average price paid is £120,000 which is up by £7,323 and Avg. asking rent £592.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 Water Reed Grove, Walsall, WS2 area. In last 1 year alone average price buyer paid is around £120,000 based on approximately 1 sales in Water Reed Grove, Walsall, WS2 area alone. If you compare it to last 3 years sales of 31 properties where buyers paid around £134,885. 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 £129,196 for 55 and average amount paid for purchase of approx. 70 properties sold in last 7 years comes to about £131,698 per sale.