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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
According to the public record, 1, Rickyard Lane, Redditch is a modern house with 861 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, Rickyard Lane, Redditch is £263,235 and the estimated rental value is £1,068 per month.
Rickyard Lane, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
1, Rickyard Lane, Redditch has no records in the the Land Registry and a single entry in the EPC database dated March 2015.
We combine this information with public data 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, Rickyard Lane, Redditch is in very good condition we estimate a sale value of £276,397 and a rental value of £1,121 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,809 and a rental value of £993 per month.
Over the last 12 months the sale value of 1 Rickyard Lane Redditch has increased by an estimated £3,416 (1.3%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 4.9%.
1, Rickyard Lane, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rickyard Lane, Redditch within a radius of 450 metres over the last 2 years.
The most recent example is 130, Maisemore Close, Redditch, B98 9LP, a leasehold house which sold for £230,000 on the 17th September 2021.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rickyard Lane, Redditch, B98 has a total of 1 addresses. According to our analysis of all the public data, 1, Rickyard Lane, Redditch is the largest and the most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in B98.
The closest station to 1, Rickyard Lane, Redditch is Redditch station which is 2.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Rickyard Lane, Redditch, 72.0% of property is socially rented and 15.4% is privately rented.
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, Rickyard Lane, Redditch, 24.5% of residents are recorded as possessing school level qualifications and 12.8% 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, Rickyard Lane, Redditch, the average age was 36.4 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, Rickyard Lane, Redditch, 0.3% 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, Rickyard Lane, Redditch, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
