Average Price for property in Mercot Close, Redditch, B98 is around £199,445 which varies based on type of property you are interested in and ranges from £209,492 for detached house to around £191,659 for semi-detached. Values have been changing and have risen £1,028 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,489 in last 6 months, £14,477 in last 1 year, £23,494 in last 2 years, £24,449 in last 3 years, £23,005 in last 4 years and £23,553 in last 5 years.
Currently average asking price of a property in Mercot Close, Redditch, B98 is around £196,736 based on approximately 6 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 Mercot Close, Redditch, B98 is £199,445. Average asking price is £196,736 while average price paid is £189,075 which is up by £14,477 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 Mercot Close, Redditch, B98 area. In last 1 year alone average price buyer paid is around £189,075 based on approximately 6 sales in Mercot Close, Redditch, B98 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £185,296. 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 £179,422 for 20 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £175,207 per sale.