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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, 62, Wheelers Lane, Redditch is a modern freehold house with 1,816 ft2 of internal area and sits on a 407 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Wheelers Lane, Redditch is £483,955 and the estimated rental value is £1,919 per month.
Wheelers Lane, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
62, Wheelers Lane, Redditch has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated April 2011.
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 62, Wheelers Lane, Redditch is in very good condition we estimate a sale value of £508,153 and a rental value of £2,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £450,078 and a rental value of £1,785 per month.
Over the last 12 months the sale value of 62 Wheelers Lane Redditch has increased by an estimated £6,549 (1.4%) and its rental value has increased by an estimated £65 per month (3.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 62, Wheelers Lane, Redditch sits on a plot of 407m2.
We have plot size data on 57 out of 59 other houses in the postcode and 62, Wheelers Lane, Redditch sits on the 8th largest plot.
62, Wheelers Lane, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2011.
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, 62, Wheelers Lane, Redditch was last sold on 15th March 2021 for £525,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has risen 24.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Wheelers Lane, Redditch within a radius of 750 metres over the last 2 years.
The most recent example is 22, Butlers Hill Lane, Redditch, B97 6SY, a freehold house which sold for £485,000 on the 27th September 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheelers Lane, Redditch, B97 has a total of 59 addresses. According to our analysis of all the public data, 62, Wheelers Lane, Redditch is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £169k more expensive than the average property in B97.
The closest station to 62, Wheelers Lane, Redditch is Redditch station which is 1.2 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 62, Wheelers Lane, Redditch, % of property is and % is .
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 62, Wheelers Lane, Redditch, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 62, Wheelers Lane, 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 62, Wheelers Lane, Redditch, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
