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According to the public record, 2, Beoley Lane, Redditch is a mid-century freehold house with 968 ft2 of internal area and sits on a 499 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 2, Beoley Lane, Redditch is £387,609 and the estimated rental value is £1,363 per month.
Beoley Lane, Beoley, Redditch, B98 is located in the borough of Bromsgrove within the B98 postal district.
2, Beoley Lane, Redditch has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Beoley Lane, Redditch is in very good condition we estimate a sale value of £406,990 and a rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,477 and a rental value of £1,267 per month.
Over the last 12 months the sale value of 2 Beoley Lane Redditch has increased by an estimated £5,029 (1.3%) and its rental value has increased by an estimated £36 per month (2.6%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 2, Beoley Lane, Redditch sits on a plot of 499m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Beoley Lane, Redditch sits on the 4th largest plot.
2, Beoley Lane, Redditch has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Nov 2015.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Beoley Lane, Redditch was last sold on 11th March 2016 for £277,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2016, the market for similar properties has dropped 16.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Beoley Lane, Redditch within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 24, Aspley Heath Lane, Solihull, B94 5HU, a freehold house which sold for £405,000 on the 11th December 2020.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beoley Lane, Beoley, Redditch, B98 has a total of 47 addresses. According to our analysis of all the public data, 2, Beoley Lane, Redditch is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £150k more expensive than the average property in B98.
The closest station to 2, Beoley Lane, Redditch is Wood End station which is 2.3 kilometres away.
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 2, Beoley Lane, Redditch, 45.2% of property is privately owned outright and 35.6% 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 2, Beoley Lane, Redditch, 14.7% of residents are recorded as possessing school level qualifications and 35.6% 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 2, Beoley Lane, Redditch, the average age was 45.7 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 2, Beoley Lane, Redditch, 1.2% 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 2, Beoley Lane, Redditch, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.