Values have been changing and have risen £829 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,815 in last 6 months, £11,682 in last 1 year, £18,958 in last 2 years, £19,731 in last 3 years, £18,567 in last 4 years and £19,009 in last 5 years.
Currently average asking price of a property in Hedgerow Close, Redditch, B98 is around £196,736 based on approximately 5 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 Hedgerow Close, Redditch, B98 is £160,919. Average asking price is £196,736 while average price paid is £160,090 which is up by £11,682 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 Hedgerow Close, Redditch, B98 area. In last 1 year alone average price buyer paid is around £160,090 based on approximately 5 sales in Hedgerow Close, Redditch, B98 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £146,806. 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 £136,495 for 11 and average amount paid for purchase of approx. 58 properties sold in last 7 years comes to about £140,777 per sale.