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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, 59, Parsons Road, Redditch is a early-century freehold house with 1,302 ft2 of internal area and sits on a 276 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 59, Parsons Road, Redditch is £253,559 and the estimated rental value is £1,208 per month.
Parsons Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
59, Parsons Road, Redditch has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated February 2014.
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.
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 59, Parsons Road, Redditch is in very good condition we estimate a sale value of £266,237 and a rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,810 and a rental value of £1,124 per month.
Over the last 12 months the sale value of 59 Parsons Road Redditch has increased by an estimated £930 (0.4%) and its rental value has increased by an estimated £26 per month (2.1%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 59, Parsons Road, Redditch sits on a plot of 276m2.
We have plot size data on 22 out of 27 other houses in the postcode and 59, Parsons Road, Redditch sits on the 15th largest plot.
59, Parsons Road, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2014.
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, 59, Parsons Road, Redditch was last sold on 22nd September 2020 for £230,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2020, the market for similar properties has risen 32.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Parsons Road, Redditch within a radius of 550 metres over the last 2 years.
The most recent example is 8, Old Crest Avenue, Redditch, B98 7EG, a freehold house which sold for £160,000 on the 20th December 2022.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Road, Redditch, B98 has a total of 85 addresses. According to our analysis of all the public data, 59, Parsons Road, Redditch is the 7th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in B98.
The closest station to 59, Parsons Road, Redditch is Redditch station which is 700 metres 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 59, Parsons Road, Redditch, 35.3% of property is privately owned with a mortgage and 23.7% is privately owned outright.
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 59, Parsons Road, Redditch, 25.5% of residents are recorded as possessing school level qualifications and 22.0% 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 59, Parsons Road, Redditch, the average age was 39.8 and the most common age was 37.
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 59, Parsons Road, 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 59, Parsons Road, 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.
