1, The Park
1, The Park
Description & Estimates
1, The Park, Redditch is recorded publicly as a mid-century freehold house across 1,151 ft2 of internal area, sitting on a 393 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, The Park, Redditch is £317,861 and its rental estimate is £1,438 per month, given the available information and assuming reasonable condition.
The Park, Redditch, B97 falls within the B97 postal district, in the borough of Bromsgrove.
Our Data Sources
1, The Park, Redditch has 51 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated May 2024.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, The Park, Redditch, we estimate a market value of £333,754 and a rental value of £1,510 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £295,611 and £1,337 per month respectively.
Recent Market Change
Over the last year, 1, The Park, Redditch has seen its estimated sale value climb by £3,434 (1.1%) and its estimated rental value rise by £50 per month (3.5%). This results in an estimated gross rental yield of 5.4%.
Plot Size
HM Land Registry records the plot of land for 1, The Park, Redditch as measuring 393 m2.
That makes it the 33rd largest plot in the postcode, where 61 of the 62 other houses have recorded plot data.
Energy Efficiency
1, The Park, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, The Park, Redditch completed on 9th September 2024 at £285,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 27.0% over the period since September 2024.
- Sold Sep 2024£285,000
- Sold Mar 2017£219,950
- Sold Nov 2008£157,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, The Park, Redditch have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 2, The Drive, Redditch, B97 6QE, a freehold house which sold for £327,000.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 62 addresses on The Park, Redditch, B97, 1, The Park, Redditch comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £3k more expensive than the average property across the B97 district.
More reading links
Schools Nearby
- 600mTardebigge CofE First School
- 2.9kmBatchley First and Nursery School
- 3.1kmOur Lady of Mount Carmel Catholic First School
- 4.1kmNorth Bromsgrove High School
- 4.4kmSouth Bromsgrove High
- 4.5kmTrinity High School and Sixth Form Centre
More reading links
Public Transport Nearby
From 1, The Park, Redditch, the nearest station is Bromsgrove, 3.4 kilometres away.
- 3.4kmBromsgrove
- 3.6kmAlvechurch
- 4.0kmRedditch
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
