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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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Public records show 15, Ravensmere Road, Redditch to be a mid-century freehold house with 1,119 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
15, Ravensmere Road, Redditch has an estimated sale value of £292,231 and an estimated rental value of £1,238 per month, assuming reasonable condition and based on the information available.
Ravensmere Road, Redditch, B98 lies in the borough of Redditch, within the B98 postal district.
15, Ravensmere Road, Redditch has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated October 2022.
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.
In very good condition, we estimate 15, Ravensmere Road, Redditch would be worth £306,842, with a potential rental value of £1,300 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £271,775, with a rental value of £1,151 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 15, Ravensmere Road, Redditch has grown by £3,353 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (2.6%). The property's estimated gross yield is currently 5.1%.
15, Ravensmere Road, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
15, Ravensmere Road, Redditch last changed hands on 6th October 2023, selling for £220,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.1% since October 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 15, Ravensmere Road, Redditch across the last 2 years.
Most recently, 31, Ravensmere Road, Redditch, B98 7AW, a freehold house, sold at £207,000 on the 4th November 2022.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 15, Ravensmere Road, Redditch as the 9th largest and the 9th most expensive of the 47 addresses on Ravensmere Road, Redditch, B98.
Against the B98 postcode district average, it is £54k more expensive than the typical property.
Redditch station is the nearest stop to 15, Ravensmere Road, Redditch at 2.2 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Ravensmere Road, Redditch, 44.6% of property is privately owned outright and 44.6% 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 15, Ravensmere Road, Redditch, 20.0% of residents are recorded as possessing school level qualifications and 16.1% 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 15, Ravensmere Road, 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 15, Ravensmere Road, Redditch, 0.8% 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 15, Ravensmere Road, Redditch, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
