Values have been changing and have risen £599 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,034 in last 6 months, £8,435 in last 1 year, £13,689 in last 2 years, £14,248 in last 3 years, £13,410 in last 4 years and £13,732 in last 5 years.
Currently average asking price of a property in Farnborough Close, Redditch, B98 is around £196,736 based on approximately 1 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 Farnborough Close, Redditch, B98 is £116,169. Average asking price is £196,736 while average price paid is £90,000 which is up by £8,435 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 Farnborough Close, Redditch, B98 area. In last 1 year alone average price buyer paid is around £90,000 based on approximately 1 sales in Farnborough Close, Redditch, B98 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £100,000. 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 £109,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £109,000 per sale.