Average Price for property in Oakfield Drive, Rednal, Birmingham, B45 is around £231,648 which varies based on type of property you are interested in and ranges from £327,725 for detached house to around £232,235 for semi-detached. Similarly terraced house is around £191,225. Values have been changing and have risen £1,348 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,865 in last 6 months, £15,158 in last 1 year, £23,021 in last 2 years, £27,440 in last 3 years, £23,901 in last 4 years and £23,781 in last 5 years.
Currently average asking price of a property in Oakfield Drive, Rednal, Birmingham, B45 is around £213,141 based on approximately 2 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 Oakfield Drive, Rednal, Birmingham, B45 is £231,648. Average asking price is £213,141 while average price paid is £225,000 which is up by £15,158 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 Oakfield Drive, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £225,000 based on approximately 2 sales in Oakfield Drive, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £216,900. 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 £208,250 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £208,250 per sale.