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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, Wheelers Lane, Redditch is a modern freehold house with 1,765 ft2 of internal area and sits on a 492 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Wheelers Lane, Redditch is £456,323 and the estimated rental value is £1,932 per month.
Wheelers Lane, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
2, Wheelers Lane, Redditch has 21 entries in the Land Registry , most recently in June 2020 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 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, Wheelers Lane, Redditch is in very good condition we estimate a sale value of £479,139 and a rental value of £2,029 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,381 and a rental value of £1,797 per month.
Over the last 12 months the sale value of 2 Wheelers Lane Redditch has increased by an estimated £2,982 (0.7%) and its rental value has increased by an estimated £49 per month (2.5%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 2, Wheelers Lane, Redditch sits on a plot of 492m2.
We have plot size data on 57 out of 59 other houses in the postcode and 2, Wheelers Lane, Redditch sits on the 3rd largest plot.
2, Wheelers Lane, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 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, 2, Wheelers Lane, Redditch was last sold on 26th June 2020 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2020, the market for similar properties has risen 30.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Wheelers Lane, Redditch within a radius of 670 metres over the last 2 years.
The most recent example is 22, Butlers Hill Lane, Redditch, B97 6SY, a freehold house which sold for £485,000 on the 27th September 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheelers Lane, Redditch, B97 has a total of 59 addresses. According to our analysis of all the public data, 2, Wheelers Lane, Redditch is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in B97.
The closest station to 2, Wheelers Lane, Redditch is Redditch station which is 1.2 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 2, Wheelers Lane, Redditch, % of property is and % is .
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, Wheelers Lane, Redditch, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Wheelers 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 2, Wheelers Lane, Redditch, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
