Average Price for property in Illey Close, Rednal, Birmingham, B31 is around £215,438 which varies based on type of property you are interested in and ranges from £299,284 for detached house to around £187,571 for semi-detached. Similarly terraced house is around £201,384. Values have been changing and have risen £1,675 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,073 in last 6 months, £14,502 in last 1 year, £23,747 in last 2 years, £25,140 in last 3 years, £22,985 in last 4 years and £23,555 in last 5 years.
Currently average asking price of a property in Illey Close, Rednal, Birmingham, B31 is around £147,964 based on approximately 1 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Illey Close, Rednal, Birmingham, B31 is £215,438. Average asking price is £147,964 while average price paid is £235,000 which is up by £14,502 and Avg. asking rent £646.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 Illey Close, Rednal, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 1 sales in Illey Close, Rednal, Birmingham, B31 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £190,000. 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 £183,000 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £182,375 per sale.