Hockley House Prices, Birmingham
Hockley is an area, located in Birmingham.
Hockley House Prices
As of June, 2024, the average house prices in Hockley are as follows:
- studio – £165,000 (3.53%)
- 1 bedroom flat – £179,725 (1.02%)
- 2 bedroom flat – £260,000 (-0.68%)
- 3 bedroom flat – £280,000 (-13.37%)
- 4 bedroom flat – £294,975 (-13.31%)
- 5 bedroom flat – £487,500 (0%)
Keep in mind that these are simply the average rates for Hockley house prices, so you can find quality properties for more or less than these numbers. In addition to this month’s sold house prices in Hockley, let’s explore how sales are trending this year.
Selling Trends
- As of June, 2024, the average Hockley house price is £235,000, low by 0% as of £235,000 in May, 2024.
- Currently, there are 232 houses for sale and an average of 8 property sales per month. Demand in the real estate market is low, so that price may fall.
Check back next month for updated Hockley house prices.
Hockley House Prices Growth
The average house price in Hockley over the last 5 years is as follows:
- 2019-06 – £156,585
- 2020-06 – £161,361 (3.05%)
- 2021-06 – £174,870 (8.37%)
- 2022-06 – £178,585 (2.12%)
- 2023-06 – £180,188 (0.9%)
- 2024-06 – £171,788 (-4.66%)
Sold house prices in Hockley have dropped from June, 2023 to June, 2024. Compared to June, 2019, house prices are now up 9%. Thus, if the trend continues, purchasing real estate in Hockley in the current climate could be favourable, with the potential for an attractive profit in the future.
In addition to checking the average Hockley house prices, it’s also wise to keep an eye on house rent prices in Hockley. If you aren’t quite ready to buy or want to purchase an investment property, it’s a good idea to stay up-to-date on the latest rent rates!
Check back to HowToEstate soon for updated prices on renting, buying, and selling property in Hockley.