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According to the public record, 7, The Park, Redditch is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 867 ft2 of internal area and sits on a 432 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, The Park, Redditch is £271,788 and the estimated rental value is £1,248 per month.
The Park, Redditch, B97 is located in the borough of Bromsgrove within the B97 postal district.
7, The Park, Redditch has a single entry in the Land Registry from November 2012 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 7, The Park, Redditch is in very good condition we estimate a sale value of £285,377 and a rental value of £1,311 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,763 and a rental value of £1,161 per month.
Over the last 12 months the sale value of 7 The Park Redditch has increased by an estimated £5,183 (1.9%) and its rental value has increased by an estimated £53 per month (4.2%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 7, The Park, Redditch sits on a plot of 432m2.
We have plot size data on 61 out of 62 other houses in the postcode and 7, The Park, Redditch sits on the 17th largest plot.
According to HM Land Registry, 7, The Park, Redditch was last sold on 23rd November 2012 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2012, the market for similar properties has risen 83.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Park, Redditch within a radius of 2.6 kilometres over the last 2 years.
The most recent example is 13, The Park, Redditch, B97 6QF, a freehold house which sold for £290,000 on the 16th September 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Park, Redditch, B97 has a total of 62 addresses. According to our analysis of all the public data, 7, The Park, Redditch is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in B97.
The closest station to 7, The Park, Redditch is Bromsgrove station which is 3.4 kilometres 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 7, The Park, 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 7, The Park, 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 7, The Park, 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 7, The Park, 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.