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According to the public record, 1, Jakemans Close, Redditch is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 380 ft2 of internal area and sits on a 215 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Jakemans Close, Redditch is £165,164 and the estimated rental value is £693 per month.
Jakemans Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
1, Jakemans Close, Redditch has a single entry in the Land Registry from March 2010 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 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, Jakemans Close, Redditch is in very good condition we estimate a sale value of £173,422 and a rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,602 and a rental value of £645 per month.
Over the last 12 months the sale value of 1 Jakemans Close Redditch has increased by an estimated £3,516 (2.1%) and its rental value has increased by an estimated £29 per month (4.2%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 1, Jakemans Close, Redditch sits on a plot of 215m2.
We have plot size data on 13 out of 13 other houses in the postcode and 1, Jakemans Close, Redditch sits on the 2nd largest plot.
According to HM Land Registry, 1, Jakemans Close, Redditch was last sold on 5th March 2010 for £65,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 55.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1, Jakemans Close, Redditch within a radius of 650 metres over the last 2 years.
The most recent example is 36, Granby Close, Redditch, B98 0PJ, a leasehold house which sold for £113,000 on the 16th August 2021.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jakemans Close, Redditch, B98 has a total of 13 addresses. According to our analysis of all the public data, 1, Jakemans Close, Redditch is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in B98.
The closest station to 1, Jakemans Close, Redditch is Redditch station which is 3.2 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, Jakemans Close, Redditch, 48.7% of property is privately owned outright and 39.3% 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 1, Jakemans Close, Redditch, 13.9% of residents are recorded as possessing school level qualifications and 18.4% 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, Jakemans Close, Redditch, the average age was 40.5 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 1, Jakemans Close, 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, Jakemans Close, Redditch, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.