49, Shireland Lane
49, Shireland Lane
Description & Estimates
The public record describes 49, Shireland Lane, Redditch as a modern apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
49, Shireland Lane, Redditch has an estimated sale value of £164,140 and an estimated rental value of £847 per month, assuming reasonable condition and based on the information available.
Shireland Lane, Redditch, B97 lies in the borough of Redditch, within the B97 postal district.
Our Data Sources
49, Shireland Lane, Redditch has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 49, Shireland Lane, Redditch would be worth £172,347, with a potential rental value of £889 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £152,650, with a rental value of £788 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 49, Shireland Lane, Redditch has climbed by £359 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £21 (2.5%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
49, Shireland Lane, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Aug 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
49, Shireland Lane, Redditch last changed hands on 21st May 2004, selling for £104,950. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold May 2004£104,950
- Sold Mar 2000£59,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of 49, Shireland Lane, Redditch across the last 2 years.
Most recently, 51, Shireland Lane, Redditch, B97 6UB, a leasehold flat, sold at £160,000 on the 27th June 2024.
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
Our analysis of the public data ranks 49, Shireland Lane, Redditch as the 48th largest and the 49th most expensive of the 52 addresses on Shireland Lane, Redditch, B97.
Against the B97 postcode district average, it is £151k less expensive than the typical property.
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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
Redditch station is the nearest stop to 49, Shireland Lane, Redditch at 1.7 kilometres away.
- 1.7kmRedditch
- 4.1kmAlvechurch
- 5.5kmBromsgrove
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
