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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, 3, Springvale Drive, Redditch is a modern freehold house with 1,948 ft2 of internal area and sits on a 453 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 3, Springvale Drive, Redditch is £678,665 and the estimated rental value is £2,441 per month.
Springvale Drive, Webheath, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
3, Springvale Drive, Redditch has 41 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated September 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, Springvale Drive, Redditch is in very good condition we estimate a sale value of £712,598 and a rental value of £2,563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £631,158 and a rental value of £2,270 per month.
Over the last 12 months the sale value of 3 Springvale Drive Redditch has increased by an estimated £4,434 (0.7%) and its rental value has increased by an estimated £62 per month (2.5%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 3, Springvale Drive, Redditch sits on a plot of 453m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Springvale Drive, Redditch sits on the 3rd largest plot.
3, Springvale Drive, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Springvale Drive, Redditch was last sold on 14th April 2023 for £690,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since April 2023, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Springvale Drive, Redditch within a radius of 790 metres over the last 2 years.
The most recent example is 4 Churchfield Court, Church Road, Redditch, B97 5PD, a freehold house which sold for £555,000 on the 20th November 2020.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springvale Drive, Webheath, Redditch, B97 has a total of 4 addresses. According to our analysis of all the public data, 3, Springvale Drive, Redditch is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £366k more expensive than the average property in B97.
The closest station to 3, Springvale Drive, Redditch is Redditch 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 3, Springvale Drive, Redditch, 50.6% of property is privately owned with a mortgage and 42.3% is privately owned outright.
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, Springvale Drive, Redditch, 20.1% of residents are recorded as possessing school level qualifications and 36.0% 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, Springvale Drive, 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 3, Springvale Drive, Redditch, 0.5% 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, Springvale Drive, Redditch, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
