Average Price for property in Newman Way, Rednal, Birmingham, B45 is around £107,581 which varies based on type of property you are interested in and ranges from £161,706 for detached house to around £133,366 for semi-detached. Similarly terraced house is around £115,184 and a flat is worth £70,217. Values have been changing and have risen £627 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,262 in last 6 months, £7,043 in last 1 year, £10,699 in last 2 years, £12,755 in last 3 years, £11,113 in last 4 years and £11,061 in last 5 years.
Currently average asking price of a property in Newman Way, Rednal, Birmingham, B45 is around £213,141 based on approximately 4 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 Newman Way, Rednal, Birmingham, B45 is £107,581. Average asking price is £213,141 while average price paid is £86,750 which is up by £7,043 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 Newman Way, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £86,750 based on approximately 4 sales in Newman Way, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £98,833. 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 £96,090 for 11 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £95,611 per sale.