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40 Hazel Road is a residential building situated on Hazel Road, Redditch, B97 with 2 addresses.
It ranks as the 152nd largest and 187th most expensive of the 411 buildings in the B97 area.
The building contains a total of 2 properties: 2 flats.
40 Hazel Road is a residential building situated on Hazel Road, Redditch, B97 with 2 addresses.
It ranks as the 152nd largest and 187th most expensive of the 411 buildings in the B97 area.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £103,483 for 1 bedroom leasehold flats (430 ft2) to £132,671 for 2 bedroom Leasehold flats (721 ft2) .
Monthly rental prices range from £613 pcm for 1 bed flats to £729 pcm for 2 bed flats.
The gross rental yield is between 6.6% and 7.1%.
The average value per square foot is £212.
The current average value in the building is £118,077.
The 40 Hazel Road Sales Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £118,077 |
| April 2025 | 1.1% | £117,254 |
| April 2024 | 0.4% | £115,936 |
| April 2023 | 1.6% | £115,509 |
| April 2022 | 6.5% | £113,634 |
| April 2021 | 3.7% | £106,742 |
| April 2020 | 2.2% | £102,957 |
| April 2019 | 0.7% | £100,718 |
| April 2018 | 4% | £100,015 |
| April 2017 | 2.4% | £96,141 |
| April 2016 | 6.3% | £93,880 |
| April 2015 | 4.8% | £88,342 |
| April 2014 | 4.5% | £84,307 |
| April 2013 | 2.8% | £80,698 |
| April 2012 | -3.5% | £78,470 |
| April 2011 | 0.6% | £81,351 |
| April 2010 | 0.9% | £80,904 |
| April 2009 | -12.3% | £80,219 |
| April 2008 | -1.1% | £91,436 |
| April 2007 | 0% | £92,469 |
The current average rental value in the building is £671.
The 40 Hazel Road Rental Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £671pcm |
| April 2025 | 6.7% | £653pcm |
| April 2024 | 9.3% | £612pcm |
| April 2023 | 5.9% | £559pcm |
| April 2022 | 5.1% | £528pcm |
| April 2021 | 0.6% | £503pcm |
| April 2020 | 1.9% | £500pcm |
| April 2019 | -1% | £490pcm |
| April 2018 | -0.6% | £495pcm |
| April 2017 | 0% | £498pcm |
| April 2016 | 3.1% | £498pcm |
| April 2015 | 1.4% | £483pcm |
| April 2014 | 2.7% | £476pcm |
| April 2013 | 1.5% | £464pcm |
| April 2012 | 1.3% | £457pcm |
| April 2011 | 0.7% | £451pcm |
| April 2010 | -0.1% | £448pcm |
| April 2009 | -6.8% | £448pcm |
| April 2008 | 2.5% | £481pcm |
| April 2007 | 0% | £469pcm |
The closest station to 40, Hazel Road, Redditch, B97 6JJ is Redditch station which is 1.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Hazel Road, Redditch, B97 6JJ, 74.1% of property is socially rented and 9.3% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Hazel Road, Redditch, B97 6JJ, 12.8% of residents are recorded as possessing school level qualifications and 19.6% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Hazel Road, Redditch, B97 6JJ, the average age was 37.1 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Hazel Road, Redditch, B97 6JJ, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Hazel Road, Redditch, B97 6JJ, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.