Average Price for property in Reddings Lane, Hall Green, Birmingham, B28 is around £187,608 which varies based on type of property you are interested in and ranges from £187,646 for semi-detached to around £187,599 for terraced house. Values have been changing and have risen £765 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,324 in last 6 months, £11,351 in last 1 year, £17,995 in last 2 years, £19,095 in last 3 years, £18,559 in last 4 years and £19,220 in last 5 years.
Currently average asking price of a property in Reddings Lane, Hall Green, Birmingham, B28 is around £210,380 based on approximately 3 properties for sale. Same is the case with rental options based on 50 properties up for rent, average asking rent is around £623 per month.
Estimated property value in Reddings Lane, Hall Green, Birmingham, B28 is £187,608. Average asking price is £210,380 while average price paid is £158,300 which is up by £11,351 and Avg. asking rent £623.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 Reddings Lane, Hall Green, Birmingham, B28 area. In last 1 year alone average price buyer paid is around £158,300 based on approximately 3 sales in Reddings Lane, Hall Green, Birmingham, B28 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £147,980. 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 £147,980 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £154,285 per sale.