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According to the public record, 1, Offwell Close, Redditch is a modern freehold house with 1,356 ft2 of internal area and sits on a 375 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Offwell Close, Redditch is £424,346 and the estimated rental value is £1,486 per month.
Offwell Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
1, Offwell Close, Redditch has 31 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated May 2014.
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, Offwell Close, Redditch is in very good condition we estimate a sale value of £445,563 and a rental value of £1,560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,642 and a rental value of £1,382 per month.
Over the last 12 months the sale value of 1 Offwell Close Redditch has increased by an estimated £1,556 (0.4%) and its rental value has increased by an estimated £32 per month (2.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 1, Offwell Close, Redditch sits on a plot of 375m2.
We have plot size data on 12 out of 12 other houses in the postcode and 1, Offwell Close, Redditch sits on the 2nd largest plot.
1, Offwell Close, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2014.
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, Offwell Close, Redditch was last sold on 8th August 2014 for £232,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2014, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Offwell Close, Redditch within a radius of 800 metres over the last 2 years.
The most recent example is 27, Wolverton Close, Redditch, B98 0AR, a freehold house which sold for £480,000 on the 15th March 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Offwell Close, Redditch, B98 has a total of 12 addresses. According to our analysis of all the public data, 1, Offwell Close, Redditch is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in B98.
The closest station to 1, Offwell Close, Redditch is Redditch station which is 3.1 kilometres away.
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.
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, Offwell Close, Redditch, 66.1% of property is privately owned outright and 30.7% 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, Offwell Close, Redditch, 10.0% of residents are recorded as possessing school level qualifications and 32.3% 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, Offwell Close, Redditch, the average age was 43.4 and the most common age was 42.
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, Offwell Close, Redditch, 1.5% 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, Offwell Close, 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.