Average Price for property in Kite Lane, Redditch, B97 is around £190,602 which varies based on type of property you are interested in and ranges from £203,910 for detached house to around £173,840 for semi-detached. Similarly terraced house is around £159,560. Values have been changing and have risen £428 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,139 in last 6 months, £12,529 in last 1 year, £21,043 in last 2 years, £21,525 in last 3 years, £20,616 in last 4 years and £20,798 in last 5 years.
Currently average asking price of a property in Kite Lane, Redditch, B97 is around £244,343 based on approximately 5 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £982 per month.
Estimated property value in Kite Lane, Redditch, B97 is £190,602. Average asking price is £244,343 while average price paid is £175,500 which is up by £12,529 and Avg. asking rent £982.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 Kite Lane, Redditch, B97 area. In last 1 year alone average price buyer paid is around £175,500 based on approximately 5 sales in Kite Lane, Redditch, B97 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £165,071. 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 £164,350 for 10 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £163,566 per sale.