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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, 5, Radway Close, Redditch is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,152 ft2 of internal area and sits on a 399 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Radway Close, Redditch is £381,490 and the estimated rental value is £1,350 per month.
Radway Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
5, Radway Close, Redditch has a single entry in the Land Registry from September 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Radway Close, Redditch is in very good condition we estimate a sale value of £400,565 and a rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,786 and a rental value of £1,255 per month.
Over the last 12 months the sale value of 5 Radway Close Redditch has increased by an estimated £1,399 (0.4%) and its rental value has increased by an estimated £29 per month (2.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 5, Radway Close, Redditch sits on a plot of 399m2.
We have plot size data on 56 out of 56 other houses in the postcode and 5, Radway Close, Redditch sits on the 24th largest plot.
According to HM Land Registry, 5, Radway Close, Redditch was last sold on 21st September 2018 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2018, the market for similar properties has dropped 12.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Radway Close, Redditch within a radius of 840 metres over the last 2 years.
The most recent example is 20, Rush Lane, Redditch, B98 8RY, a freehold house which sold for £392,250 on the 30th September 2022.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Radway Close, Redditch, B98 has a total of 56 addresses. According to our analysis of all the public data, 5, Radway Close, Redditch is the 26th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in B98.
The closest station to 5, Radway Close, Redditch is Redditch station which is 2.2 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 5, Radway Close, Redditch, 62.9% of property is privately owned outright and 33.6% 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 5, Radway Close, Redditch, 13.1% of residents are recorded as possessing school level qualifications and 42.9% 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, Radway 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, Radway Close, Redditch, 0.7% 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, Radway Close, Redditch, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
