Average Price for property in Cofton Park Close, Rednal, Birmingham, B45 is around £184,719 which varies based on type of property you are interested in and ranges from £234,361 for detached house to around £235,533 for semi-detached. Similarly terraced house is around £203,348 and a flat is worth £142,329. Values have been changing and have risen £1,075 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,881 in last 6 months, £12,090 in last 1 year, £18,362 in last 2 years, £21,888 in last 3 years, £19,067 in last 4 years and £18,972 in last 5 years.
Currently average asking price of a property in Cofton Park Close, Rednal, Birmingham, B45 is around £213,141 based on approximately 23 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 Cofton Park Close, Rednal, Birmingham, B45 is £184,719. Average asking price is £213,141 while average price paid is £335,930 which is up by £12,090 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 Cofton Park Close, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £335,930 based on approximately 23 sales in Cofton Park Close, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 46 properties where buyers paid around £253,051. 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 £248,907 for 50 and average amount paid for purchase of approx. 50 properties sold in last 7 years comes to about £248,907 per sale.