40, Shireland Lane
40, Shireland Lane
Description & Estimates
40, Shireland Lane, Redditch is recorded publicly as a modern freehold house across 1,022 ft2 of internal area, sitting on a 252 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Shireland Lane, Redditch is £316,907 and its rental estimate is £1,362 per month, given the available information and assuming reasonable condition.
Shireland Lane, Redditch, B97 falls within the B97 postal district, in the borough of Redditch.
Our Data Sources
40, Shireland Lane, Redditch has 31 entries in the Land Registry , most recently in November 2014 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Shireland Lane, Redditch, we estimate a market value of £332,753 and a rental value of £1,430 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £294,724 and £1,267 per month respectively.
Recent Market Change
Over the last year, 40, Shireland Lane, Redditch has seen its estimated sale value move up by £6,043 (1.9%) and its estimated rental value increase by £58 per month (4.2%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 40, Shireland Lane, Redditch as measuring 252 m2.
That makes it the 17th largest plot in the postcode, where all 48 other houses have recorded plot data.
Energy Efficiency
40, Shireland Lane, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Shireland Lane, Redditch completed on 11th November 2014 at £225,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 61.0% over the period since November 2014.
- Sold Nov 2014£225,000
- Sold Dec 2007£199,000
- Sold Jun 2001£127,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Shireland Lane, Redditch have sold within a radius of 760 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th July 2023, was 32, Wooton Close, Redditch, B97 6UD, a freehold house which sold for £362,000.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Shireland Lane, Redditch, B97, 40, Shireland Lane, Redditch comes out as the 19th largest and the 18th most expensive in our analysis of the public data.
It is also £2k more expensive than the average property across the B97 district.
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Schools Nearby
- 600mBatchley First and Nursery School
- 1.2kmOur Lady of Mount Carmel Catholic First School
- 1.3kmWebheath Academy Primary School
- 2.4kmTrinity High School and Sixth Form Centre
- 4.2kmSt Augustine's Catholic High School
- 5.1kmTudor Grange Academy Redditch
More reading links
Public Transport Nearby
From 40, Shireland Lane, Redditch, the nearest station is Redditch, 1.7 kilometres away.
- 1.7kmRedditch
- 4.1kmAlvechurch
- 5.5kmBromsgrove
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
