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According to the public record, Apartment 9, Prospect View, Redditch is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 9, Prospect View, Redditch is £129,310 and the estimated rental value is £755 per month.
The apartment is within Prospect View, Clive Road, Redditch, B97.
Clive Road, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
Apartment 9, Prospect View, Redditch has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated August 2021.
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 Apartment 9, Prospect View, Redditch is in very good condition we estimate a sale value of £135,775 and a rental value of £793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,258 and a rental value of £702 per month.
Over the last 12 months the sale value of Apartment 9 Prospect View Redditch has increased by an estimated £2,022 (1.6%) and its rental value has increased by an estimated £28 per month (3.7%), giving an expected gross yield of 7%.
Apartment 9, Prospect View, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Apartment 9, Prospect View, Redditch was last sold on 5th August 2022 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has risen 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 9, Prospect View, Redditch within a radius of 670 metres over the last 2 years.
The most recent example is Apartment 24, Prospect View, Clive Road, Redditch, B97 4BE, a leasehold flat which sold for £122,500 on the 17th October 2024.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clive Road, Redditch, B97 has a total of 106 addresses. According to our analysis of all the public data, Apartment 9, Prospect View, Redditch is the 45th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in B97.
The closest station to Apartment 9, Prospect View, Redditch is Redditch station which is 500 metres 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 Apartment 9, Prospect View, Redditch, 48.5% of property is privately rented and 21.8% 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 Apartment 9, Prospect View, Redditch, 16.4% of residents are recorded as possessing school level qualifications and 27.8% 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 Apartment 9, Prospect View, 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 Apartment 9, Prospect View, 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 Apartment 9, Prospect View, Redditch, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
