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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, Forge Mill Road, Redditch is a early-century freehold house with 818 ft2 of internal area and sits on a 374 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Forge Mill Road, Redditch is £297,075 and the estimated rental value is £1,061 per month.
Forge Mill Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
1, Forge Mill Road, Redditch has 2 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Forge Mill Road, Redditch is in very good condition we estimate a sale value of £311,928 and a rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,279 and a rental value of £987 per month.
Over the last 12 months the sale value of 1 Forge Mill Road Redditch has increased by an estimated £3,855 (1.3%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 1, Forge Mill Road, Redditch sits on a plot of 374m2.
We have plot size data on 38 out of 39 other houses in the postcode and 1, Forge Mill Road, Redditch sits on the 15th largest plot.
1, Forge Mill Road, Redditch has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Forge Mill Road, Redditch was last sold on 8th March 2023 for £352,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2023, the market for similar properties has dropped 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Forge Mill Road, Redditch within a radius of 820 metres over the last 2 years.
The most recent example is 21, Meadowhill Road, Redditch, B98 8HN, a freehold house which sold for £342,500 on the 23rd August 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Mill Road, Redditch, B98 has a total of 112 addresses. According to our analysis of all the public data, 1, Forge Mill Road, Redditch is the 100th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in B98.
The closest station to 1, Forge Mill Road, Redditch is Redditch station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Forge Mill Road, Redditch, 52.6% of property is privately owned outright and 40.4% 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 1, Forge Mill Road, Redditch, 14.9% of residents are recorded as possessing school level qualifications and 28.6% 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, Forge Mill Road, 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, Forge Mill Road, Redditch, 1.1% 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, Forge Mill Road, Redditch, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
