Average Price for property in Otter Close, Redditch, B98 is around £310,120 which varies based on type of property you are interested in and ranges from £310,529 for detached house to around £295,001 for semi-detached. Similarly terraced house is around £312,870. Values have been changing and have risen £1,597 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,423 in last 6 months, £22,507 in last 1 year, £36,523 in last 2 years, £38,005 in last 3 years, £35,756 in last 4 years and £36,605 in last 5 years.
Currently average asking price of a property in Otter Close, Redditch, B98 is around £196,736 based on approximately 3 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 Otter Close, Redditch, B98 is £310,120. Average asking price is £196,736 while average price paid is £286,666 which is up by £22,507 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 Otter Close, Redditch, B98 area. In last 1 year alone average price buyer paid is around £286,666 based on approximately 3 sales in Otter Close, Redditch, B98 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £291,000. 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 £269,875 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £266,900 per sale.