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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 3, Marsden Road, Redditch is £132,457 and the estimated rental value is £640 per month.
Marsden Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
3, Marsden Road, Redditch has no records in the the Land Registry and a single entry in the EPC database dated August 2018.
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 3, Marsden Road, Redditch is in very good condition we estimate a sale value of £139,080 and a rental value of £672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,185 and a rental value of £595 per month.
Over the last 12 months the sale value of 3 Marsden Road Redditch has increased by an estimated £1,719 (1.3%) and its rental value has increased by an estimated £17 per month (2.6%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 3, Marsden Road, Redditch sits on a plot of 62m2.
We have plot size data on 22 out of 34 other houses in the postcode and 3, Marsden Road, Redditch sits on the 22nd largest plot.
3, Marsden Road, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marsden Road, Redditch within a radius of 570 metres over the last 2 years.
The most recent example is 69, Lodge Road, Redditch, B98 7BS, a leasehold house which sold for £130,000 on the 22nd September 2020.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsden Road, Redditch, B98 has a total of 78 addresses. According to our analysis of all the public data, 3, Marsden Road, Redditch is the 72nd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in B98.
The closest station to 3, Marsden Road, Redditch is Redditch station which is 700 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Marsden Road, Redditch, 62.6% of property is privately rented and 16.6% 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 3, Marsden Road, Redditch, 22.8% of residents are recorded as possessing school level qualifications and 19.6% 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 3, Marsden Road, 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 3, Marsden Road, 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 3, Marsden Road, Redditch, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.