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According to the public record, 5, Alders Close, Redditch is a mid-century leasehold house with 1,216 ft2 of internal area and sits on a 280 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 5, Alders Close, Redditch is £238,528 and the estimated rental value is £1,117 per month.
Alders Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
5, Alders Close, Redditch has 31 entries in the Land Registry , most recently in March 2013 and a single entry in the EPC database dated October 2013.
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 5, Alders Close, Redditch is in very good condition we estimate a sale value of £250,455 and a rental value of £1,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,831 and a rental value of £1,039 per month.
Over the last 12 months the sale value of 5 Alders Close Redditch has increased by an estimated £875 (0.4%) and its rental value has increased by an estimated £24 per month (2.1%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 5, Alders Close, Redditch sits on a plot of 280m2.
We have plot size data on 10 out of 11 other houses in the postcode and 5, Alders Close, Redditch sits on the 4th largest plot.
5, Alders Close, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Alders Close, Redditch was last sold on 8th March 2013 for £151,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since March 2013, the market for similar properties has risen 63.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Alders Close, Redditch within a radius of 650 metres over the last 2 years.
The most recent example is 41, Crabtree Close, Redditch, B98 7JT, a leasehold house which sold for £205,000 on the 17th December 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alders Close, Redditch, B98 has a total of 11 addresses. According to our analysis of all the public data, 5, Alders Close, Redditch is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £818 more expensive than the average property in B98.
The closest station to 5, Alders Close, Redditch is Redditch station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 5, Alders Close, Redditch, 50.5% of property is privately owned outright and 25.2% 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 5, Alders Close, Redditch, 10.9% of residents are recorded as possessing school level qualifications and 25.5% 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 5, Alders Close, 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 5, Alders Close, Redditch, 0.9% 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 5, Alders Close, Redditch, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.