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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, 2 Milward Place, Redditch is a modern apartment with 473 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 Milward Place, Redditch is £112,638 and the estimated rental value is £581 per month.
The apartment is within Milward Place, Clive Road, Redditch, B97.
Clive Road, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
2 Milward Place, Redditch has no records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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 2 Milward Place, Redditch is in very good condition we estimate a sale value of £118,270 and a rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,753 and a rental value of £540 per month.
Over the last 12 months the sale value of 2 Milward Place Redditch has increased by an estimated £835 (0.7%) and its rental value has increased by an estimated £17 per month (2.9%), giving an expected gross yield of 6.2%.
2 Milward Place, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Milward Place, Redditch within a radius of 710 metres over the last 2 years.
The most recent example is 9, British Mills 80, Prospect Hill, Redditch, B97 4BY, a leasehold flat which sold for £75,000 on the 25th April 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clive Road, Redditch, B97 has a total of 106 addresses. According to our analysis of all the public data, 2 Milward Place, Redditch is the 103rd largest and the 106th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in B97.
The closest station to 2 Milward Place, Redditch is Redditch station which is 600 metres 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 Milward Place, Redditch, 35.9% of property is privately owned outright and 33.0% 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 Milward Place, Redditch, 13.0% of residents are recorded as possessing school level qualifications and 32.9% 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 Milward Place, Redditch, the average age was 35.8 and the most common age was 32.
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 Milward Place, 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 Milward Place, 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.
