Average Price for property in Redditch Road, Kings Norton, Birmingham, B38 is around £176,819 which varies based on type of property you are interested in and ranges from £347,321 for detached house to around £196,331 for semi-detached. Similarly terraced house is around £156,736 and a flat is worth £102,169. Values have been changing and have risen £743 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,340 in last 6 months, £12,499 in last 1 year, £20,207 in last 2 years, £17,915 in last 3 years, £19,205 in last 4 years and £19,981 in last 5 years.
Currently average asking price of a property in Redditch Road, Kings Norton, Birmingham, B38 is around £222,956 based on approximately 15 properties for sale. Same is the case with rental options based on 17 properties up for rent, average asking rent is around £581 per month.
Estimated property value in Redditch Road, Kings Norton, Birmingham, B38 is £176,819. Average asking price is £222,956 while average price paid is £154,163 which is up by £12,499 and Avg. asking rent £581.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 Redditch Road, Kings Norton, Birmingham, B38 area. In last 1 year alone average price buyer paid is around £154,163 based on approximately 15 sales in Redditch Road, Kings Norton, Birmingham, B38 area alone. If you compare it to last 3 years sales of 30 properties where buyers paid around £147,048. 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 £133,853 for 43 and average amount paid for purchase of approx. 58 properties sold in last 7 years comes to about £136,425 per sale.