Average Price for property in Rea Avenue, Rubery, Rednal, Birmingham, B45 is around £212,687 which varies based on type of property you are interested in and ranges from £292,025 for detached house to around £209,716 for semi-detached. Similarly terraced house is around £195,292. Values have been changing and have risen £1,170 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,222 in last 6 months, £13,154 in last 1 year, £19,977 in last 2 years, £23,813 in last 3 years, £20,742 in last 4 years and £20,639 in last 5 years.
Currently average asking price of a property in Rea Avenue, Rubery, 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 Rea Avenue, Rubery, Rednal, Birmingham, B45 is £212,687. Average asking price is £213,141 while average price paid is £206,000 which is up by £13,154 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 Rea Avenue, Rubery, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £206,000 based on approximately 2 sales in Rea Avenue, Rubery, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £184,237. 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 £177,421 for 7 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £169,993 per sale.