Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 4, Vernon Close, Redditch is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Vernon Close, Redditch is £113,562 and the estimated rental value is £698 per month.
Vernon Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
4, Vernon Close, Redditch has a single entry in the Land Registry from May 2014 and a single entry in the EPC database dated February 2021.
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, Vernon Close, Redditch is in very good condition we estimate a sale value of £119,240 and a rental value of £733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,612 and a rental value of £650 per month.
Over the last 12 months the sale value of 4 Vernon Close Redditch has increased by an estimated £746 (0.7%) and its rental value has increased by an estimated £19 per month (2.7%), giving an expected gross yield of 7.4%.
4, Vernon Close, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2021.
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, Vernon Close, Redditch was last sold on 30th May 2014 for £78,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 76.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Vernon Close, Redditch within a radius of 800 metres over the last 2 years.
The most recent example is 5, Lygon Close, Redditch, B98 8JL, a leasehold flat which sold for £89,000 on the 27th November 2020.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Close, Redditch, B98 has a total of 31 addresses. According to our analysis of all the public data, 4, Vernon Close, Redditch is the 22nd largest and the 28th 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, Vernon Close, Redditch is Redditch station which is 1.4 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 4, Vernon Close, Redditch, 28.4% of property is privately rented and 27.7% 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 4, Vernon Close, Redditch, 20.7% of residents are recorded as possessing school level qualifications and 20.2% 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, Vernon Close, 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 4, Vernon Close, Redditch, 1.1% 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, Vernon Close, 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.
