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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, 46, Watery Lane, Redditch is a early-century leasehold house with 1,194 ft2 of internal area and sits on a 370 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 46, Watery Lane, Redditch is £305,197 and the estimated rental value is £1,264 per month.
Watery Lane, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
46, Watery Lane, Redditch has 21 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 46, Watery Lane, Redditch is in very good condition we estimate a sale value of £320,457 and a rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,833 and a rental value of £1,176 per month.
Over the last 12 months the sale value of 46 Watery Lane Redditch has increased by an estimated £3,502 (1.1%) and its rental value has increased by an estimated £33 per month (2.6%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 46, Watery Lane, Redditch sits on a plot of 370m2.
We have plot size data on 33 out of 43 other houses in the postcode and 46, Watery Lane, Redditch sits on the 4th largest plot.
46, Watery Lane, Redditch has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Oct 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 46, Watery Lane, Redditch was last sold on 1st March 2017 for £210,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since March 2017, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 46, Watery Lane, Redditch within a radius of 810 metres over the last 2 years.
The most recent example is 4, Ravensmere Road, Redditch, B98 7AW, a freehold house which sold for £288,000 on the 31st March 2022.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watery Lane, Redditch, B98 has a total of 43 addresses. According to our analysis of all the public data, 46, Watery Lane, Redditch is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £67k more expensive than the average property in B98.
The closest station to 46, Watery Lane, Redditch is Redditch station which is 2.1 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 46, Watery Lane, Redditch, 44.6% of property is privately owned outright and 44.6% 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 46, Watery Lane, Redditch, 20.0% of residents are recorded as possessing school level qualifications and 16.1% 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 46, Watery Lane, Redditch, the average age was 43.4 and the most common age was 42.
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 46, Watery Lane, Redditch, 0.8% 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 46, Watery Lane, Redditch, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
