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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, 86, Mercot Close, Redditch is a modern freehold house with 807 ft2 of internal area and sits on a 282 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 86, Mercot Close, Redditch is £285,852 and the estimated rental value is £1,087 per month.
Mercot Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
86, Mercot Close, Redditch has 51 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated November 2012.
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 86, Mercot Close, Redditch is in very good condition we estimate a sale value of £300,144 and a rental value of £1,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,842 and a rental value of £1,011 per month.
Over the last 12 months the sale value of 86 Mercot Close Redditch has increased by an estimated £3,709 (1.3%) and its rental value has increased by an estimated £28 per month (2.6%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 86, Mercot Close, Redditch sits on a plot of 282m2.
We have plot size data on 70 out of 70 other houses in the postcode and 86, Mercot Close, Redditch sits on the 35th largest plot.
86, Mercot Close, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 2012.
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, 86, Mercot Close, Redditch was last sold on 24th August 2022 for £260,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since August 2022, the market for similar properties has dropped 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Mercot Close, Redditch within a radius of 810 metres over the last 2 years.
The most recent example is 31, Mercot Close, Redditch, B98 7YX, a leasehold house which sold for £280,000 on the 7th June 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercot Close, Redditch, B98 has a total of 123 addresses. According to our analysis of all the public data, 86, Mercot Close, Redditch is the 79th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in B98.
The closest station to 86, Mercot Close, Redditch is Redditch station which is 3.3 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 86, Mercot Close, Redditch, 49.6% of property is privately owned with a mortgage and 44.8% 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 86, Mercot Close, Redditch, 15.6% of residents are recorded as possessing school level qualifications and 28.2% 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 86, Mercot Close, Redditch, the average age was 43.5 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 86, Mercot Close, Redditch, 0.3% 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 86, Mercot Close, 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.
