Average Price for property in Sovereign Heights, Rednal, Birmingham, B31 is around £130,231 which varies based on type of property you are interested in and ranges from £114,452 for semi-detached to around £134,407 for terraced house. Values have been changing and have risen £1,012 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,067 in last 6 months, £8,769 in last 1 year, £14,358 in last 2 years, £15,200 in last 3 years, £13,900 in last 4 years and £14,248 in last 5 years.
Currently average asking price of a property in Sovereign Heights, Rednal, Birmingham, B31 is around £147,964 based on approximately 2 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £646 per month.
Estimated property value in Sovereign Heights, Rednal, Birmingham, B31 is £130,231. Average asking price is £147,964 while average price paid is £100,000 which is up by £8,769 and Avg. asking rent £646.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 Sovereign Heights, Rednal, Birmingham, B31 area. In last 1 year alone average price buyer paid is around £100,000 based on approximately 2 sales in Sovereign Heights, Rednal, Birmingham, B31 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £110,390. 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 £108,438 for 9 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £108,995 per sale.