Our Data Sources
5, Paper Mill Place, Redditch has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated October 2024.
We combine this information with that 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 5, Paper Mill Place, Redditch would be worth £317,431, with a potential rental value of £1,247 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £281,153, with a rental value of £1,104 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
5, Paper Mill Place, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Paper Mill Place, Redditch last changed hands on 8th November 2024, selling for £296,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 8.1% since November 2024.
- Sold Nov 2024£296,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 38 sales of comparable properties within 740 metres of 5, Paper Mill Place, Redditch across the last 2 years.
Most recently, 7, Paper Mill Place, Redditch, B98 8QU, a freehold house, sold at £305,000 on the 29th November 2024.
Read more about house prices in B98.
- Sold Nov 2024£305,000 | 3 Bed House7, Paper Mill Place, Redditch, B98 8QU7, Paper Mill Place, Redditch, B98 8QU
- Sold Aug 2024£275,000 | 3 Bed House4, Paper Mill Place, Redditch, B98 8QU4, Paper Mill Place, Redditch, B98 8QU
- Sold Aug 2024£275,000 | 3 Bed House3, Paper Mill Place, Redditch, B98 8QU3, Paper Mill Place, Redditch, B98 8QU
•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 5, Paper Mill Place, Redditch as the 7th largest and the 4th most expensive of the 9 addresses on Paper Mill Place, Redditch, B98.
Against the B98 postcode district average, it is £65k more expensive than the typical property.
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Schools Nearby
- Moons Moat First School500 m away
- Abbeywood First School1.0 km away
- Arrow Valley First School1.0 km away
- Trinity High School and Sixth Form Centre1.6 km away
- Arrow Vale High School1.7 km away
- Tudor Grange Academy Redditch3.0 km away
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Public Transport Nearby
- Redditch|2.3 km away
- Alvechurch|5.5 km away
- Wood End|6.0 km away
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.
