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According to the public record, 1, Lydham Close, Redditch is a mid-century freehold house with 731 ft2 of internal area.
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, Lydham Close, Redditch is £224,148 and the estimated rental value is £982 per month.
Lydham Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
1, Lydham Close, Redditch has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Lydham Close, Redditch is in very good condition we estimate a sale value of £235,355 and a rental value of £1,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,458 and a rental value of £913 per month.
Over the last 12 months the sale value of 1 Lydham Close Redditch has increased by an estimated £2,908 (1.3%) and its rental value has increased by an estimated £26 per month (2.6%), giving an expected gross yield of 5.3%.
1, Lydham Close, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 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, Lydham Close, Redditch was last sold on 6th January 2021 for £185,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Lydham Close, Redditch within a radius of 790 metres over the last 2 years.
The most recent example is 19, Lydham Close, Redditch, B98 8GA, a freehold house which sold for £210,000 on the 21st December 2021.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lydham Close, Redditch, B98 has a total of 30 addresses. According to our analysis of all the public data, 1, Lydham Close, Redditch is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in B98.
The closest station to 1, Lydham Close, Redditch is Redditch station which is 900 metres 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, Lydham Close, Redditch, 48.2% of property is privately owned outright and 36.6% 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, Lydham Close, Redditch, 23.1% of residents are recorded as possessing school level qualifications and 32.8% 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, Lydham Close, 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, Lydham 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, Lydham 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.