Average Price for property in Cofton Park Drive, Rednal, Birmingham, B45 is around £204,395 which varies based on type of property you are interested in and ranges from £293,678 for detached house to around £247,980 for semi-detached. Similarly terraced house is around £169,610. Values have been changing and have risen £1,189 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,293 in last 6 months, £13,375 in last 1 year, £20,316 in last 2 years, £24,217 in last 3 years, £21,095 in last 4 years and £20,991 in last 5 years.
Currently average asking price of a property in Cofton Park Drive, Rednal, Birmingham, B45 is around £213,141 based on approximately 18 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 Drive, Rednal, Birmingham, B45 is £204,395. Average asking price is £213,141 while average price paid is £180,495 which is up by £13,375 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 Drive, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £180,495 based on approximately 18 sales in Cofton Park Drive, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 71 properties where buyers paid around £182,382. 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 £182,714 for 73 and average amount paid for purchase of approx. 73 properties sold in last 7 years comes to about £182,714 per sale.