Average Price for property in Rednal Mill Drive, Rednal, Birmingham, B45 is around £99,288 which varies based on type of property you are interested in and ranges from £157,889 for detached house to around £134,794 for semi-detached. Similarly terraced house is around £124,408 and a flat is worth £74,236. Values have been changing and have risen £579 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,087 in last 6 months, £6,500 in last 1 year, £9,873 in last 2 years, £11,772 in last 3 years, £10,258 in last 4 years and £10,210 in last 5 years.
Currently average asking price of a property in Rednal Mill Drive, Rednal, Birmingham, B45 is around £213,141 based on approximately 6 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £839 per month.
Estimated property value in Rednal Mill Drive, Rednal, Birmingham, B45 is £99,288. Average asking price is £213,141 while average price paid is £116,158 which is up by £6,500 and Avg. asking rent £839.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 Rednal Mill Drive, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £116,158 based on approximately 6 sales in Rednal Mill Drive, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £88,787. 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 £94,698 for 25 and average amount paid for purchase of approx. 36 properties sold in last 7 years comes to about £92,084 per sale.