55, Shireland Lane
55, Shireland Lane
Description & Estimates
According to the public record, 55, Shireland Lane, Redditch is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 55, Shireland Lane, Redditch is £162,401 and the estimated rental value is £841 per month.
Shireland Lane, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
Our Data Sources
55, Shireland Lane, Redditch has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2013.
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
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 55, Shireland Lane, Redditch is in very good condition we estimate a sale value of £170,521 and a rental value of £883 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,033 and a rental value of £782 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 55, Shireland Lane, Redditch has grown by £355 (0.2%), while its estimated rental value has climbed by £21 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
55, Shireland Lane, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 55, Shireland Lane, Redditch was last sold on 1st July 2005 for £118,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
- Sold Jul 2005£118,500
- Sold Apr 2003£86,950
- Sold Feb 2000£58,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Shireland Lane, Redditch within a radius of 760 metres over the last 2 years.
The most recent example is 51, Shireland Lane, Redditch, B97 6UB, a leasehold flat which sold for £160,000 on the 27th June 2024.
Read more about house prices in B97.
- Sold Jun 2024£160,000 | 2 Bed Flat51, Shireland Lane, Redditch, B97 6UB51, Shireland Lane, Redditch, B97 6UB
- Sold Dec 2017£131,500 | 2 Bed Flat53, Shireland Lane, Redditch, B97 6UB53, Shireland Lane, Redditch, B97 6UB
- Sold Aug 2017£123,000 | 2 Bed Flat33, Rosedale Close, Redditch, B97 6JQ33, Rosedale Close, Redditch, B97 6JQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Shireland Lane, Redditch, B97 has a total of 52 addresses. According to our analysis of all the public data, 55, Shireland Lane, Redditch is the 49th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in B97.
More reading links
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
The closest station to 55, Shireland Lane, Redditch is Redditch station, which is 1.7 kilometres away.
- 1.7kmRedditch
- 4.1kmAlvechurch
- 5.5kmBromsgrove
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
