Values have been changing and have risen £601 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,037 in last 6 months, £8,446 in last 1 year, £13,707 in last 2 years, £14,267 in last 3 years, £13,427 in last 4 years and £13,750 in last 5 years.
Currently average asking price of a property in Garway Close, Redditch, B98 is around £196,736 based on approximately 2 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £2,042 per month.
Estimated property value in Garway Close, Redditch, B98 is £116,333. Average asking price is £196,736 while average price paid is £92,500 which is up by £8,446 and Avg. asking rent £2,042.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 Garway Close, Redditch, B98 area. In last 1 year alone average price buyer paid is around £92,500 based on approximately 2 sales in Garway Close, Redditch, B98 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £106,571. 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 £98,600 for 10 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £96,818 per sale.