Average Price for property in Redwood Drive, Chase Terrace, Burntwood, WS7 is around £139,771 which varies based on type of property you are interested in and ranges from £145,791 for detached house to around £141,567 for semi-detached. Similarly terraced house is around £130,237. Values have been changing and have risen £1,292 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,232 in last 6 months, £10,220 in last 1 year, £14,718 in last 2 years, £17,363 in last 3 years, £14,286 in last 4 years and £13,173 in last 5 years.
Currently average asking price of a property in Redwood Drive, Chase Terrace, Burntwood, WS7 is around £213,044 based on approximately 2 properties for sale. Same is the case with rental options based on 29 properties up for rent, average asking rent is around £740 per month.
Estimated property value in Redwood Drive, Chase Terrace, Burntwood, WS7 is £139,771. Average asking price is £213,044 while average price paid is £105,000 which is up by £10,220 and Avg. asking rent £740.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 Redwood Drive, Chase Terrace, Burntwood, WS7 area. In last 1 year alone average price buyer paid is around £105,000 based on approximately 2 sales in Redwood Drive, Chase Terrace, Burntwood, WS7 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £120,421. 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 £113,359 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £117,639 per sale.