1 Oakly Mews, Redditch
1 Oakly Mews, Redditch
Description & Estimates
According to the public record, 1 Oakly Mews, Redditch is a period leasehold house with 527 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1 Oakly Mews, Redditch is £127,787 and the estimated rental value is £629 per month.
Oakly Road, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
Our Data Sources
1 Oakly Mews, Redditch has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Oakly Mews, Redditch is in very good condition we estimate a sale value of £134,176 and a rental value of £661 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,842 and a rental value of £585 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1 Oakly Mews, Redditch has risen by £3,371 (2.6%), while its estimated rental value has moved up by £31 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
1 Oakly Mews, Redditch has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1 Oakly Mews, Redditch was last sold on 12th December 2023 for £108,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen by 64.9%.
- Sold Dec 2023£108,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1 Oakly Mews, Redditch within a radius of 510 metres over the last 2 years.
The most recent example is 22A, Mount Pleasant, Redditch, B97 4JB, a freehold house which sold for £107,500 on the 31st May 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Oakly Road, Redditch, B97 has a total of 125 addresses. According to our analysis of all the public data, 1 Oakly Mews, Redditch is the 82nd largest and the 85th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in B97.
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Schools Nearby
- 700mSt Luke's CofE First School
- 800mHolyoakes Field First School
- 1.0kmSt George's CofE First School and Nursery
- 900mTrinity High School and Sixth Form Centre
- 3.0kmSt Augustine's Catholic High School
- 3.1kmTudor Grange Academy Redditch
More reading links
Public Transport Nearby
The closest station to 1 Oakly Mews, Redditch is Redditch station, which is 500 metres away.
- 500mRedditch
- 5.2kmAlvechurch
- 7.4kmBarnt Green
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
