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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, 8, Rush Lane, Redditch is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,252 ft2 of internal area and sits on a 490 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Rush Lane, Redditch is £397,487 and the estimated rental value is £1,398 per month.
Rush Lane, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
8, Rush Lane, Redditch has 21 entries in the Land Registry , most recently in December 2009 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 4 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 8, Rush Lane, Redditch is in very good condition we estimate a sale value of £417,361 and a rental value of £1,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,663 and a rental value of £1,300 per month.
Over the last 12 months the sale value of 8 Rush Lane Redditch has increased by an estimated £1,458 (0.4%) and its rental value has increased by an estimated £30 per month (2.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 8, Rush Lane, Redditch sits on a plot of 490m2.
We have plot size data on 9 out of 11 other houses in the postcode and 8, Rush Lane, Redditch sits on the largest plot.
According to HM Land Registry, 8, Rush Lane, Redditch was last sold on 8th December 2009 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2009, the market for similar properties has risen 31.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rush Lane, Redditch within a radius of 820 metres over the last 2 years.
The most recent example is 9, Snowshill Close, Redditch, B98 8RG, a leasehold house which sold for £370,000 on the 21st December 2022.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rush Lane, Redditch, B98 has a total of 11 addresses. According to our analysis of all the public data, 8, Rush Lane, Redditch is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £160k more expensive than the average property in B98.
The closest station to 8, Rush Lane, Redditch is Redditch station which is 2.2 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 8, Rush Lane, Redditch, 62.9% of property is privately owned outright and 33.6% is privately owned with a mortgage.
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 8, Rush Lane, Redditch, 13.1% of residents are recorded as possessing school level qualifications and 42.9% 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 8, Rush Lane, Redditch, the average age was 42.7 and the most common age was 72.
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 8, Rush Lane, Redditch, 0.7% 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 8, Rush Lane, Redditch, there are an average of 1.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
