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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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12A, Oakenshaw Road, Redditch is recorded publicly as a mid-century leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 12A, Oakenshaw Road, Redditch is £142,858 and its rental estimate is £748 per month, given the available information and assuming reasonable condition.
12, Oakenshaw Road is a residential building on Oakenshaw Road, Redditch, B98 and falls within the B98 postal district and the borough of Redditch.
12A, Oakenshaw Road, Redditch has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12A, Oakenshaw Road, Redditch, we estimate a market value of £150,001 and a rental value of £785 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £132,858 and £695 per month respectively.
Over the last year, 12A, Oakenshaw Road, Redditch has seen its estimated sale value move up by £597 (0.4%) and its estimated rental value increase by £17 per month (2.2%). This results in an estimated gross rental yield of 6.3%.
12A, Oakenshaw Road, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Apr 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12A, Oakenshaw Road, Redditch completed on 29th March 2018 at £106,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 17.8% over the period since March 2018.
Over the past 2 years 3 properties similar to 12A, Oakenshaw Road, Redditch have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2018, was 12, Oakenshaw Road, Redditch, B98 7PA, a leasehold flat which sold for £124,000.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 124 addresses on Oakenshaw Road, Redditch, B98, 12A, Oakenshaw Road, Redditch comes out as the 124th largest and the 119th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the B98 district.
From 12A, Oakenshaw Road, Redditch, the nearest station is Redditch, 2.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12A, Oakenshaw Road, Redditch, 42.3% of property is privately owned with a mortgage and 36.8% 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 12A, Oakenshaw Road, Redditch, 20.5% of residents are recorded as possessing school level qualifications and 25.2% 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 12A, Oakenshaw Road, Redditch, the average age was 43.4 and the most common age was 42.
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 12A, Oakenshaw Road, 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 12A, Oakenshaw Road, 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.
