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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, 63, Banners Lane, Redditch is a modern leasehold house with 441 ft2 of internal area and sits on a 202 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 63, Banners Lane, Redditch is £145,017 and the estimated rental value is £696 per month.
Banners Lane, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
63, Banners Lane, Redditch has 51 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated July 2019.
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 63, Banners Lane, Redditch is in very good condition we estimate a sale value of £152,268 and a rental value of £731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,866 and a rental value of £648 per month.
Over the last 12 months the sale value of 63 Banners Lane Redditch has increased by an estimated £2,920 (2.0%) and its rental value has increased by an estimated £29 per month (4.2%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 63, Banners Lane, Redditch sits on a plot of 202m2.
We have plot size data on 42 out of 68 other houses in the postcode and 63, Banners Lane, Redditch sits on the 2nd largest plot.
63, Banners Lane, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 63, Banners Lane, Redditch was last sold on 31st January 2024 for £165,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since January 2024, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Banners Lane, Redditch within a radius of 980 metres over the last 2 years.
The most recent example is 49, Slimbridge Close, Redditch, B97 5XL, a freehold house which sold for £145,000 on the 15th May 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Banners Lane, Redditch, B97 has a total of 112 addresses. According to our analysis of all the public data, 63, Banners Lane, Redditch is the 108th largest and the 99th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in B97.
The closest station to 63, Banners Lane, Redditch is Redditch station which is 3.8 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 63, Banners Lane, Redditch, 28.7% of property is socially rented and 27.8% 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 63, Banners Lane, Redditch, 21.3% of residents are recorded as possessing school level qualifications and 21.0% 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 63, Banners Lane, Redditch, the average age was 44.4 and the most common age was 57.
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 63, Banners Lane, Redditch, 0.4% 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 63, Banners Lane, 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.
