Average Price for property in Pennyford Close, Redditch, B97 is around £261,901 e.g. average price for detached house is around 261,901. Values have been changing and have risen £588 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,938 in last 6 months, £17,214 in last 1 year, £28,910 in last 2 years, £29,570 in last 3 years, £28,317 in last 4 years and £28,563 in last 5 years.
Currently average asking price of a property in Pennyford 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 Pennyford Close, Redditch, B97 is £261,901. Average asking price is £244,343 while average price paid is £268,500 which is up by £17,214 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 Pennyford Close, Redditch, B97 area. In last 1 year alone average price buyer paid is around £268,500 based on approximately 2 sales in Pennyford Close, Redditch, B97 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £246,187. 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 £234,216 for 12 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £224,768 per sale.