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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
According to the public record, 5, Parkfield Close, Redditch is a modern freehold house with 441 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Parkfield Close, Redditch is £162,056 and the estimated rental value is £724 per month.
Parkfield Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
5, Parkfield Close, Redditch has 31 entries in the Land Registry , most recently in January 2025 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 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 5, Parkfield Close, Redditch is in very good condition we estimate a sale value of £170,159 and a rental value of £760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,712 and a rental value of £673 per month.
Over the last 12 months the sale value of 5 Parkfield Close Redditch has increased by an estimated £3,449 (2.1%) and its rental value has increased by an estimated £30 per month (4.2%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 5, Parkfield Close, Redditch sits on a plot of 134m2.
We have plot size data on 9 out of 9 other houses in the postcode and 5, Parkfield Close, Redditch sits on the 2nd largest plot.
5, Parkfield Close, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2024.
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, 5, Parkfield Close, Redditch was last sold on 3rd January 2025 for £160,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2025, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parkfield Close, Redditch within a radius of 780 metres over the last 2 years.
The most recent example is 6, Parkfield Close, Redditch, B98 8TA, a freehold house which sold for £151,500 on the 4th November 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkfield Close, Redditch, B98 has a total of 9 addresses. According to our analysis of all the public data, 5, Parkfield Close, Redditch is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in B98.
The closest station to 5, Parkfield Close, Redditch is Redditch station which is 2.4 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Parkfield Close, Redditch, 58.3% of property is privately owned outright and 31.7% 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, Parkfield Close, Redditch, 12.6% of residents are recorded as possessing school level qualifications and 27.8% 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, Parkfield Close, Redditch, the average age was 42.7 and the most common age was 72.
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, Parkfield Close, 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 5, Parkfield Close, Redditch, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
