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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, British Mills 80, Redditch is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 778 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, British Mills 80, Redditch is £121,458 and the estimated rental value is £720 per month.
The apartment is within British Mills, Prospect Hill, Redditch, B97.
Prospect Hill, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
1, British Mills 80, Redditch has a single entry in the Land Registry from March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, British Mills 80, Redditch is in very good condition we estimate a sale value of £127,531 and a rental value of £756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,956 and a rental value of £669 per month.
Over the last 12 months the sale value of 1 British Mills 80 Redditch has increased by an estimated £265 (0.2%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 7.1%.
According to HM Land Registry, 1, British Mills 80, Redditch was last sold on 7th March 2007 for £119,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 40.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, British Mills 80, Redditch within a radius of 700 metres over the last 2 years.
The most recent example is Apartment 24, Prospect View, Clive Road, Redditch, B97 4BE, a leasehold flat which sold for £122,500 on the 17th October 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Hill, Redditch, B97 has a total of 164 addresses. According to our analysis of all the public data, 1, British Mills 80, Redditch is the 31st largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in B97.
The closest station to 1, British Mills 80, Redditch is Redditch station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, British Mills 80, Redditch, 29.2% of property is privately owned with a mortgage and 26.9% is privately owned outright.
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 1, British Mills 80, Redditch, 18.9% of residents are recorded as possessing school level qualifications and 25.6% 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 1, British Mills 80, Redditch, the average age was 42.7 and the most common age was 72.
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 1, British Mills 80, Redditch, 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 1, British Mills 80, Redditch, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
