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According to the public record, 2 Ipsley Croft, Redditch is a mid-century apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Ipsley Croft, Redditch is £98,204 and the estimated rental value is £527 per month.
The apartment is within Ipsley Croft, Mason Road, Redditch, B97.
Mason Road, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
2 Ipsley Croft, Redditch has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Ipsley Croft, Redditch is in very good condition we estimate a sale value of £103,114 and a rental value of £553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,329 and a rental value of £490 per month.
Over the last 12 months the sale value of 2 Ipsley Croft Redditch has increased by an estimated £728 (0.7%) and its rental value has increased by an estimated £15 per month (2.9%), giving an expected gross yield of 6.4%.
2 Ipsley Croft, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Ipsley Croft, Redditch within a radius of 560 metres over the last 2 years.
The most recent example is 1 Ipsley Croft, Mason Road, Redditch, B97 5DN, a leasehold flat which sold for £20,500 on the 4th December 2019.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mason Road, Redditch, B97 has a total of 248 addresses. According to our analysis of all the public data, 2 Ipsley Croft, Redditch is the 247th largest and the 247th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in B97.
The closest station to 2 Ipsley Croft, Redditch is Redditch station which is 2.0 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 Ipsley Croft, Redditch, 36.7% of property is privately owned outright and 24.2% 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 Ipsley Croft, Redditch, 14.2% of residents are recorded as possessing school level qualifications and 28.9% 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 Ipsley Croft, 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 2 Ipsley Croft, 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 2 Ipsley Croft, Redditch, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.