Average Price for property in Shepley Road, Rednal, Birmingham, B45 is around £112,918 which varies based on type of property you are interested in and ranges from £113,789 for semi-detached to around £110,885 for terraced house. Values have been changing and have risen £657 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,373 in last 6 months, £7,392 in last 1 year, £11,229 in last 2 years, £13,387 in last 3 years, £11,667 in last 4 years and £11,612 in last 5 years.
Currently average asking price of a property in Shepley Road, Rednal, Birmingham, B45 is around £213,141 based on approximately 2 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 Shepley Road, Rednal, Birmingham, B45 is £112,918. Average asking price is £213,141 while average price paid is £105,750 which is up by £7,392 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 Shepley Road, Rednal, Birmingham, B45 area. In last 1 year alone average price buyer paid is around £105,750 based on approximately 2 sales in Shepley Road, Rednal, Birmingham, B45 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £100,380. 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 £95,487 for 8 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £96,081 per sale.