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According to the public record, 45, Studley Road, Redditch is a early-century freehold house with 742 ft2 of internal area.
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 45, Studley Road, Redditch is £236,504 and the estimated rental value is £995 per month.
Studley Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
45, Studley Road, Redditch has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated June 2021.
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.
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 45, Studley Road, Redditch is in very good condition we estimate a sale value of £248,329 and a rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,949 and a rental value of £925 per month.
Over the last 12 months the sale value of 45 Studley Road Redditch has increased by an estimated £3,069 (1.3%) and its rental value has increased by an estimated £26 per month (2.6%), giving an expected gross yield of 5%.
45, Studley Road, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 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, 45, Studley Road, Redditch was last sold on 28th September 2021 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Studley Road, Redditch within a radius of 750 metres over the last 2 years.
The most recent example is 12, Arrowdale Road, Redditch, B98 7EY, a freehold house which sold for £185,000 on the 30th October 2020.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Studley Road, Redditch, B98 has a total of 210 addresses. According to our analysis of all the public data, 45, Studley Road, Redditch is the 143rd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £1k less expensive than the average property in B98.
The closest station to 45, Studley Road, Redditch is Redditch station which is 1.6 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 45, Studley Road, Redditch, % of property is and % is .
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 45, Studley Road, Redditch, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 45, Studley Road, Redditch, 0.0% 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 45, Studley Road, Redditch, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.