Average Price for property in The Meadway, Redditch, B97 is around £174,634 which varies based on type of property you are interested in and ranges from £211,042 for detached house to around £170,622 for semi-detached. Similarly terraced house is around £170,163. Values have been changing and have risen £392 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,960 in last 6 months, £11,480 in last 1 year, £19,282 in last 2 years, £19,722 in last 3 years, £18,889 in last 4 years and £19,055 in last 5 years.
Currently average asking price of a property in The Meadway, Redditch, B97 is around £244,343 based on approximately 5 properties for sale. Same is the case with rental options based on 55 properties up for rent, average asking rent is around £982 per month.
Estimated property value in The Meadway, Redditch, B97 is £174,634. Average asking price is £244,343 while average price paid is £173,100 which is up by £11,480 and Avg. asking rent £982.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 The Meadway, Redditch, B97 area. In last 1 year alone average price buyer paid is around £173,100 based on approximately 5 sales in The Meadway, Redditch, B97 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £164,428. 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 £163,057 for 32 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £158,433 per sale.