Parklands Close, Redditch, B97

Street Guide For Parklands Close, Redditch, B97

 
 

Parklands Close, Redditch, B97 Map

Estimated Price: £271,467
Average Asking Price: £244,343
Price change in last one year: £17,844
Average Price Paid: £224,044
Average Rent Rates: £982

AP Morgan Estate Agents - Redditch
12 Church Green East, Redditch B98 8BP

Free House valuation

 

Property Prices Breakdown in Parklands Close, Redditch, B97

Average Price for property in Parklands Close, Redditch, B97 is around £271,467 e.g. average price for detached house is around 271,467. Values have been changing and have risen £610 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,047 in last 6 months, £17,844 in last 1 year, £29,967 in last 2 years, £30,651 in last 3 years, £29,353 in last 4 years and £29,608 in last 5 years.

Currently average asking price of a property in Parklands Close, Redditch, B97 is around £244,343 based on approximately 2 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 Parklands Close, Redditch, B97 is £271,467. Average asking price is £244,343 while average price paid is £208,500 which is up by £17,844 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 Parklands Close, Redditch, B97 area. In last 1 year alone average price buyer paid is around £208,500 based on approximately 2 sales in Parklands Close, Redditch, B97 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £229,000. 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 £224,044 for 9 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £225,140 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £90,000, £158,455 for a 2 bedroom house, £215,552 for a 3 bedroom house, £298,572 for a 4 bedroom house and £508,328 for a 5 bedroom house. For a flat similarly the prices varies from £84,759 for a single bedroom to £98,827 for a 2 bedroom Flat. To sum up the asking prices for properties in Parklands Close, Redditch, B97 it comes to around average £85,196 for 1 bedroom property, £135,838 for 2 bedroom, £215,552 for 3 bedroom, £298,572 for 4 bedroom and £508,328 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £368 for 1 bedroom to £624 for 2 bedroom, £736 for 3 bedroom and £1,200 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £578 and £598 for 4 bedroom. You should be generally be expecting around average £424 rent per month for single bedroom property, £586 for 2 bedroom, £736 for 3 bedroom and approximately £899 for 4 bedroom property in Parklands Close, Redditch, B97 area.

Popular Houses in Parklands Close, Redditch, B97

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Parklands Close, Redditch, B97