Average Price for property in Redhill, Stourbridge, DY8 is around £211,023 which varies based on type of property you are interested in and ranges from £341,580 for detached house to around £306,958 for semi-detached. Similarly terraced house is around £285,388 and a flat is worth £119,150. Values have been changing and have risen £955 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,007 in last 6 months, £10,000 in last 1 year, £15,339 in last 2 years, £15,651 in last 3 years, £10,248 in last 4 years and £8,875 in last 5 years.
Currently average asking price of a property in Redhill, Stourbridge, DY8 is around £194,074 based on approximately 4 properties for sale. Same is the case with rental options based on 56 properties up for rent, average asking rent is around £708 per month.
Estimated property value in Redhill, Stourbridge, DY8 is £211,023. Average asking price is £194,074 while average price paid is £253,625 which is up by £10,000 and Avg. asking rent £708.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, Stourbridge, DY8 area. In last 1 year alone average price buyer paid is around £253,625 based on approximately 4 sales in Redhill, Stourbridge, DY8 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £233,214. 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 £204,454 for 11 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £207,572 per sale.