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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, 118, Paddock Lane, Redditch is a mid-century freehold house with 968 ft2 of internal area and sits on a 131 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 118, Paddock Lane, Redditch is £199,694 and the estimated rental value is £954 per month.
Paddock Lane, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
118, Paddock Lane, Redditch has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 118, Paddock Lane, Redditch is in very good condition we estimate a sale value of £209,678 and a rental value of £1,002 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,715 and a rental value of £887 per month.
Over the last 12 months the sale value of 118 Paddock Lane Redditch has increased by an estimated £2,591 (1.3%) and its rental value has increased by an estimated £25 per month (2.6%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 118, Paddock Lane, Redditch sits on a plot of 131m2.
We have plot size data on 28 out of 42 other houses in the postcode and 118, Paddock Lane, Redditch sits on the 16th largest plot.
118, Paddock Lane, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2019.
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, 118, Paddock Lane, Redditch was last sold on 18th September 2013 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2013, the market for similar properties has risen 101.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Paddock Lane, Redditch within a radius of 590 metres over the last 2 years.
The most recent example is 76, Paddock Lane, Redditch, B98 7XP, a freehold house which sold for £194,000 on the 26th July 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Lane, Redditch, B98 has a total of 113 addresses. According to our analysis of all the public data, 118, Paddock Lane, Redditch is the 32nd largest and the 39th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in B98.
The closest station to 118, Paddock Lane, Redditch is Redditch station which is 2.6 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 118, Paddock Lane, Redditch, 42.9% of property is socially rented and 25.7% 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 118, Paddock Lane, Redditch, 14.4% of residents are recorded as possessing school level qualifications and 16.0% 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 118, Paddock Lane, 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 118, Paddock Lane, Redditch, 0.0% 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 118, Paddock Lane, Redditch, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
