Values have been changing and have risen £600 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,164 in last 6 months, £6,741 in last 1 year, £10,239 in last 2 years, £12,207 in last 3 years, £10,639 in last 4 years and £10,590 in last 5 years.
Currently average asking price of a property in Ringwood Drive, Rubery, Rednal, Birmingham, B45 is around £213,141 based on approximately 0 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £839 per month.
Estimated property value in Ringwood Drive, Rubery, Rednal, Birmingham, B45 is £108,972. Average asking price is £213,141 while average price paid is £86,333 which is up by £12,207 and Avg. asking rent £839.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 Ringwood Drive, Rubery, Rednal, Birmingham, B45 area. In last 3 years alone average price buyer paid is around £86,333 based on approximately 3 sales in Ringwood Drive, Rubery, Rednal, Birmingham, B45 area alone. If you compare it to last 5 years sales of 3 properties where buyers paid around £86,333. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £98,571 for 7 per sale.