Average Price for property in Redbank Avenue, Erdington, Birmingham, B23 is around £117,453 which varies based on type of property you are interested in and ranges from £125,099 for detached house to around £117,453 for semi-detached. Values have been changing and have risen £231 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £689 in last 6 months, £7,203 in last 1 year, £12,028 in last 2 years, £11,694 in last 3 years, £9,904 in last 4 years and £10,996 in last 5 years.
Currently average asking price of a property in Redbank Avenue, Erdington, Birmingham, B23 is around £124,475 based on approximately 2 properties for sale. Same is the case with rental options based on 127 properties up for rent, average asking rent is around £657 per month.
Estimated property value in Redbank Avenue, Erdington, Birmingham, B23 is £117,453. Average asking price is £124,475 while average price paid is £132,000 which is up by £7,203 and Avg. asking rent £657.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 Redbank Avenue, Erdington, Birmingham, B23 area. In last 1 year alone average price buyer paid is around £132,000 based on approximately 2 sales in Redbank Avenue, Erdington, Birmingham, B23 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £107,300. 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 £107,300 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £107,750 per sale.