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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, 331A, Birchfield Road, Redditch is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 497 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 331A, Birchfield Road, Redditch is £154,397 and the estimated rental value is £814 per month.
The apartment is within 331, Birchfield Road, Redditch, B97.
Birchfield Road, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
331A, Birchfield Road, Redditch has 41 entries in the Land Registry , most recently in March 2018 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 2 out of 5 and is considered of medium 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 331A, Birchfield Road, Redditch is in very good condition we estimate a sale value of £162,117 and a rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,590 and a rental value of £757 per month.
Over the last 12 months the sale value of 331A Birchfield Road Redditch has increased by an estimated £852 (0.6%) and its rental value has increased by an estimated £22 per month (2.7%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 331A, Birchfield Road, Redditch was last sold on 7th March 2018 for £90,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2018, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 331A, Birchfield Road, Redditch within a radius of 790 metres over the last 2 years.
The most recent example is 8 Maple House, Minworth Close, Redditch, B97 4LW, a leasehold flat which sold for £137,500 on the 30th June 2023.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birchfield Road, Redditch, B97 has a total of 428 addresses. According to our analysis of all the public data, 331A, Birchfield Road, Redditch is the 354th largest and the 306th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in B97.
The closest station to 331A, Birchfield Road, Redditch is Redditch station which is 1.5 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 331A, Birchfield Road, Redditch, 44.1% of property is privately owned with a mortgage and 41.3% 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 331A, Birchfield Road, Redditch, 17.1% of residents are recorded as possessing school level qualifications and 36.0% 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 331A, Birchfield Road, 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 331A, Birchfield Road, Redditch, 0.6% 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 331A, Birchfield 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.
