Values have been changing and have risen £800 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,889 in last 6 months, £9,000 in last 1 year, £13,669 in last 2 years, £16,295 in last 3 years, £14,196 in last 4 years and £14,127 in last 5 years.
Currently average asking price of a property in Kineton Road, Rubery, Rednal, Birmingham, B45 is around £213,141 based on approximately 3 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 Kineton Road, Rubery, Rednal, Birmingham, B45 is £145,487. Average asking price is £213,141 while average price paid is £131,500 which is up by £9,000 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 Kineton Road, Rubery, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £131,500 based on approximately 3 sales in Kineton Road, Rubery, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £132,400. 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 £124,166 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £124,833 per sale.