Average Price for property in Redwood Drive, Manchester, M8 is around £132,463 e.g. average price for terraced house is around 132,463. Values have been changing and have risen £437 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £330 in last 6 months, £8,379 in last 1 year, £11,325 in last 2 years, £10,386 in last 3 years, £10,294 in last 4 years and £7,596 in last 5 years.
Currently average asking price of a property in Redwood Drive, Manchester, M8 is around £155,315 based on approximately 1 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £590 per month.
Estimated property value in Redwood Drive, Manchester, M8 is £132,463. Average asking price is £155,315 while average price paid is £93,000 which is up by £8,379 and Avg. asking rent £590.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, Manchester, M8 area. In last 1 year alone average price buyer paid is around £93,000 based on approximately 1 sales in Redwood Drive, Manchester, M8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £93,000. 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 £93,000 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £92,666 per sale.