Values have been changing and have risen £605 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,052 in last 6 months, £8,512 in last 1 year, £13,814 in last 2 years, £14,380 in last 3 years, £13,534 in last 4 years and £13,859 in last 5 years.
Currently average asking price of a property in Heronfield Close, Redditch, B98 is around £196,736 based on approximately 4 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 Heronfield Close, Redditch, B98 is £117,208. Average asking price is £196,736 while average price paid is £111,749 which is up by £8,512 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 Heronfield Close, Redditch, B98 area. In last 1 year alone average price buyer paid is around £111,749 based on approximately 4 sales in Heronfield Close, Redditch, B98 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £107,749. 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 £101,035 for 14 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £105,224 per sale.