Redbrooks Close, Solihull, B91

Street Guide For Redbrooks Close, Solihull, B91

 

Redbrooks Close, Solihull, B91 Map

Estimated Price: £402,280
Average Asking Price: £385,625
Price change in last one year: £24,856
Average Price Paid: £332,150
Average Rent Rates: £1,066

 

Property Prices Breakdown in Redbrooks Close, Solihull, B91

Average Price for property in Redbrooks Close, Solihull, B91 is around £402,280 e.g. average price for detached house is around 402,280. Values have been changing and have risen £985 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,887 in last 6 months, £24,856 in last 1 year, £46,502 in last 2 years, £44,259 in last 3 years, £38,135 in last 4 years and £41,764 in last 5 years.

Currently average asking price of a property in Redbrooks Close, Solihull, B91 is around £385,625 based on approximately 1 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £1,066 per month.

Estimated property value in Redbrooks Close, Solihull, B91 is £402,280. Average asking price is £385,625 while average price paid is £339,950 which is up by £24,856 and Avg. asking rent £1,066.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 Redbrooks Close, Solihull, B91 area. In last 1 year alone average price buyer paid is around £339,950 based on approximately 1 sales in Redbrooks Close, Solihull, B91 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £317,475. 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 £332,150 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £308,290 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 2 bedroom is around £192,957, £370,985 for a 3 bedroom house, £532,648 for a 4 bedroom house and £674,986 for a 5 bedroom house. For a flat similarly the prices varies from £122,589 for a single bedroom to £200,220 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £525,000. To sum up the asking prices for properties in Redbrooks Close, Solihull, B91 it comes to around average £122,589 for 1 bedroom property, £198,980 for 2 bedroom, £384,986 for 3 bedroom, £532,648 for 4 bedroom and £674,986 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 £550 for 1 bedroom to £767 for 2 bedrooms, £1,012 for 3 bedrooms, £1,516 for 4 bedrooms and £2,418 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £550. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £830 and £823 for 3 bedroom. You should be generally be expecting around average £550 rent per month for single bedroom property, £823 for 2 bedroom, £970 for 3 bedroom, £1,516 for 4 bedroom and approximately £2,418 for a 5 bedroom property in Redbrooks Close, Solihull, B91 area.

Popular Houses in Redbrooks Close, Solihull, B91

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 Redbrooks Close, Solihull, B91