Values have been changing and have risen £313 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,561 in last 6 months, £9,135 in last 1 year, £15,343 in last 2 years, £15,695 in last 3 years, £15,035 in last 4 years and £15,168 in last 5 years.
Currently average asking price of a property in Malfield Avenue, Redditch, B97 is around £244,343 based on approximately 1 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £982 per month.
Estimated property value in Malfield Avenue, Redditch, B97 is £138,931. Average asking price is £244,343 while average price paid is £85,000 which is up by £9,135 and Avg. asking rent £982.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 Malfield Avenue, Redditch, B97 area. In last 1 year alone average price buyer paid is around £85,000 based on approximately 1 sales in Malfield Avenue, Redditch, B97 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £90,000. 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 £108,000 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £108,750 per sale.