Park Works, Alcester Road - B80 7NP
Key Building Insights
Park Works, Alcester Road is a residential building situated on Alcester Road, Studley, B80 with 3 addresses.
It ranks as the 99th largest and 25th most expensive of the 153 buildings in the B80 area. The most common property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £136,051
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £731pcm
- 10 Year change
- up 33.3%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Building Insights
Park Works, Alcester Road is a residential building situated on Alcester Road, Studley, B80 with 3 addresses.
It ranks as the 99th largest and 25th most expensive of the 153 buildings in the B80 area. The most common property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £136,051
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £731pcm
- 10 Year change
- up 33.3%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties on Alcester Road, Studley, B80
- Flat 1, Park Works 98 Alcester Road
1 Bed Modern Flat
- Flat 2, Park Works 98 Alcester Road
2 Bed Modern Flat
- Flat 3, Park Works 98 Alcester Road
1 Bed Modern Flat
Sales Market Trends
The last sale in Park Works, Alcester Road sold for £92,500 on 7th March 2014. Since then prices are up an average of 40.5%.
The current average value in the building is £136,051.
The Park Works, Alcester Road Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £136,051 |
| June 2025 | 1.3% | £136,052 |
| June 2024 | -0.4% | £134,319 |
| June 2023 | 1.5% | £134,825 |
| June 2022 | 6.3% | £132,871 |
| June 2021 | 6.7% | £125,026 |
| June 2020 | 1.2% | £117,180 |
| June 2019 | 0.8% | £115,801 |
| June 2018 | 2.2% | £114,838 |
| June 2017 | 0.5% | £112,320 |
| June 2016 | 2.7% | £111,707 |
| June 2015 | 8.8% | £108,766 |
| June 2014 | 3.8% | £99,927 |
| June 2013 | 1.1% | £96,256 |
| June 2012 | -1.1% | £95,170 |
| June 2011 | -0.9% | £96,181 |
| June 2010 | 5.4% | £97,097 |
| June 2009 | -13.7% | £92,080 |
| June 2008 | -1.3% | £106,726 |
| June 2007 | 0% | £108,183 |
Rental Market Trends
The current average rental value in the building is £731.
The Park Works, Alcester Road Rental Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £731pcm |
| June 2025 | 6.1% | £714pcm |
| June 2024 | 9.3% | £673pcm |
| June 2023 | 5.9% | £616pcm |
| June 2022 | 5.6% | £582pcm |
| June 2021 | 0.7% | £551pcm |
| June 2020 | 1.8% | £547pcm |
| June 2019 | -1% | £538pcm |
| June 2018 | 0% | £543pcm |
| June 2017 | -1% | £543pcm |
| June 2016 | 2.5% | £549pcm |
| June 2015 | 1.4% | £535pcm |
| June 2014 | 3% | £528pcm |
| June 2013 | 1.5% | £512pcm |
| June 2012 | 1.6% | £505pcm |
| June 2011 | 0.1% | £497pcm |
| June 2010 | 2.4% | £496pcm |
| June 2009 | -7.5% | £485pcm |
| June 2008 | 0.8% | £524pcm |
| June 2007 | 0% | £519pcm |
Sales History
The last recorded sale was on 7th March 2014 for £92,500 and since then the market in the area has increased by 40.5%.
Park Works, Alcester Road, Studley, B80 7NP has had 3 sales since 1995, none of them in the last three years.
- Sold Mar 2014£92,500 | 1 Bed FlatFlat 1, Park Works 98, Alcester Road, Studley, B80 7NPFlat 1, Park Works 98, Alcester Road, Studley, B80 7NP
- Sold Jun 2003£87,000 | 1 Bed FlatFlat 1, Park Works 98, Alcester Road, Studley, B80 7NPFlat 1, Park Works 98, Alcester Road, Studley, B80 7NP
- Sold Feb 2003£95,000 | 2 Bed FlatFlat 2, Park Works 98, Alcester Road, Studley, B80 7NPFlat 2, Park Works 98, Alcester Road, Studley, B80 7NP
Property Types
- 3 modern flats built after 1980
- modern flat (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2024£1,735,000 | 4 Bed House1 Castle View, Alcester Road, Studley, B80 7PD1 Castle View, Alcester Road, Studley, B80 7PD
- Sold Apr 2022£650,000 | 4 Bed House176A, Alcester Road, Studley, B80 7PA176A, Alcester Road, Studley, B80 7PA
- Sold Nov 2022£590,000 | 5 Bed House118, Alcester Road, Studley, B80 7NT118, Alcester Road, Studley, B80 7NT
Schools Nearby
- Studley St Mary's CofE Academy200 m away
- St Mary's Catholic Primary School400 m away
- Studley Infants' School500 m away
- Studley High School400 m away
- Tudor Grange Academy Redditch2.0 km away
- Arrow Vale High School3.2 km away
More reading links
Public Transport Nearby
The closest station to Park Works, Alcester Road, Studley, B80 7NP is Redditch station, which is 5.5 kilometres away.
- Redditch|5.5 km away
- Wootton Wawen|7.4 km away
- Henley-in-Arden|7.8 km away
- Danzey|7.9 km away
