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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
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According to the public record, 113, Mercot Close, Redditch is a modern house with 828 ft2 of internal area and sits on a 267 m2 plot.
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 113, Mercot Close, Redditch is £283,118 and the estimated rental value is £1,075 per month.
Mercot Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
113, Mercot Close, Redditch has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2020.
We combine this information with public data 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 113, Mercot Close, Redditch is in very good condition we estimate a sale value of £297,274 and a rental value of £1,129 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,300 and a rental value of £1,000 per month.
Over the last 12 months the sale value of 113 Mercot Close Redditch has increased by an estimated £3,673 (1.3%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 113, Mercot Close, Redditch sits on a plot of 267m2.
We have plot size data on 70 out of 70 other houses in the postcode and 113, Mercot Close, Redditch sits on the 42nd largest plot.
113, Mercot Close, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 113, Mercot Close, Redditch was last sold on 17th August 2006 for £169,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 113, Mercot Close, Redditch within a radius of 820 metres over the last 2 years.
The most recent example is 85, Mercot Close, Redditch, B98 7YY, a freehold house which sold for £280,000 on the 6th October 2023.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercot Close, Redditch, B98 has a total of 123 addresses. According to our analysis of all the public data, 113, Mercot Close, Redditch is the 74th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £45k more expensive than the average property in B98.
The closest station to 113, Mercot Close, Redditch is Redditch station which is 3.3 kilometres 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 113, Mercot Close, Redditch, 49.6% of property is privately owned with a mortgage and 44.8% is privately owned outright.
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 113, Mercot Close, Redditch, 15.6% of residents are recorded as possessing school level qualifications and 28.2% 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 113, Mercot Close, Redditch, the average age was 43.5 and the most common age was 57.
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 113, Mercot Close, 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 113, Mercot 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.
