Average Price for property in Redhill Avenue, Wombourne, Wolverhampton, WV5 is around £159,628 e.g. average price for semi-detached is around 159,628. Values have been changing and have risen £471 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,467 in last 6 months, £4,569 in last 1 year, £11,444 in last 2 years, £12,610 in last 3 years, £11,096 in last 4 years and £8,369 in last 5 years.
Currently average asking price of a property in Redhill Avenue, Wombourne, Wolverhampton, WV5 is around £326,925 based on approximately 1 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £643 per month.
Estimated property value in Redhill Avenue, Wombourne, Wolverhampton, WV5 is £159,628. Average asking price is £326,925 while average price paid is £170,000 which is up by £4,569 and Avg. asking rent £643.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 Redhill Avenue, Wombourne, Wolverhampton, WV5 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Redhill Avenue, Wombourne, Wolverhampton, WV5 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £147,666. 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 £127,100 for 5 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £136,368 per sale.