Average Price for property in Watery Lane, Redditch, B98 is around £177,415 which varies based on type of property you are interested in and ranges from £183,204 for detached house to around £181,299 for semi-detached. Similarly terraced house is around £152,187. Values have been changing and have risen £914 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,104 in last 6 months, £12,878 in last 1 year, £20,901 in last 2 years, £21,752 in last 3 years, £20,470 in last 4 years and £20,957 in last 5 years.
Currently average asking price of a property in Watery Lane, Redditch, B98 is around £196,736 based on approximately 3 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £2,042 per month.
Estimated property value in Watery Lane, Redditch, B98 is £177,415. Average asking price is £196,736 while average price paid is £154,666 which is up by £12,878 and Avg. asking rent £2,042.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 Watery Lane, Redditch, B98 area. In last 1 year alone average price buyer paid is around £154,666 based on approximately 3 sales in Watery Lane, Redditch, B98 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £157,790. 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 £154,825 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £152,883 per sale.