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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, 74A, Lodge Road, Redditch is a period apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 74A, Lodge Road, Redditch is £66,678 and the estimated rental value is £425 per month.
The apartment is within 74, Lodge Road, Redditch, B98.
Lodge Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
74A, Lodge Road, Redditch has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data 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.
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 74A, Lodge Road, Redditch is in very good condition we estimate a sale value of £70,012 and a rental value of £447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £62,010 and a rental value of £395 per month.
Over the last 12 months the sale value of 74A Lodge Road Redditch has increased by an estimated £658 (1.0%) and its rental value has increased by an estimated £12 per month (2.8%), giving an expected gross yield of 7.7%.
74A, Lodge Road, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 74A, Lodge Road, Redditch was last sold on 30th June 2006 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 74A, Lodge Road, Redditch within a radius of 580 metres over the last 2 years.
The most recent example is 1, Oakly Court 86, Oakly Road, Redditch, B97 4EE, a leasehold flat which sold for £68,476 on the 10th October 2019.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Road, Redditch, B98 has a total of 133 addresses. According to our analysis of all the public data, 74A, Lodge Road, Redditch is the 121st largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £171k less expensive than the average property in B98.
The closest station to 74A, Lodge Road, Redditch is Redditch station which is 800 metres 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 74A, Lodge Road, Redditch, 62.6% of property is privately rented and 16.6% 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 74A, Lodge Road, Redditch, 22.8% of residents are recorded as possessing school level qualifications and 19.6% 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 74A, Lodge Road, Redditch, the average age was 35.8 and the most common age was 32.
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 74A, Lodge Road, Redditch, 1.2% 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 74A, Lodge Road, Redditch, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
