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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, 4, Martley Close, Redditch is a mid-century leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Martley Close, Redditch is £113,618 and the estimated rental value is £679 per month.
Martley Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
4, Martley Close, Redditch has a single entry in the Land Registry from March 2015 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, Martley Close, Redditch is in very good condition we estimate a sale value of £119,299 and a rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,665 and a rental value of £631 per month.
Over the last 12 months the sale value of 4 Martley Close Redditch has increased by an estimated £851 (0.7%) and its rental value has increased by an estimated £17 per month (2.5%), giving an expected gross yield of 7.2%.
4, Martley Close, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2016.
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, 4, Martley Close, Redditch was last sold on 23rd March 2015 for £81,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2015, the market for similar properties has risen 55.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Martley Close, Redditch within a radius of 550 metres over the last 2 years.
The most recent example is 68, Astley Close, Redditch, B98 7UA, a leasehold flat which sold for £109,000 on the 15th May 2023.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martley Close, Redditch, B98 has a total of 49 addresses. According to our analysis of all the public data, 4, Martley Close, Redditch is the 37th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in B98.
The closest station to 4, Martley Close, Redditch is Redditch station which is 2.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 4, Martley Close, Redditch, 36.1% of property is socially rented and 34.3% is privately rented.
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 4, Martley Close, Redditch, 28.6% of residents are recorded as possessing school level qualifications and 12.3% 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 4, Martley Close, Redditch, the average age was 34.9 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 4, Martley Close, Redditch, 1.0% 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 4, Martley Close, Redditch, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
