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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, Flat 2, Mason House 50A, Redditch is a modern leasehold apartment with 430 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 Flat 2, Mason House 50A, Redditch is £154,859 and the estimated rental value is £806 per month.
The apartment is within Mason House, Parsons Road, Redditch, B98.
Parsons Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
Flat 2, Mason House 50A, Redditch has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated August 2018.
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.
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 Flat 2, Mason House 50A, Redditch is in very good condition we estimate a sale value of £162,601 and a rental value of £847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,018 and a rental value of £750 per month.
Over the last 12 months the sale value of Flat 2 Mason House 50A Redditch has increased by an estimated £1,360 (0.9%) and its rental value has increased by an estimated £23 per month (2.9%), giving an expected gross yield of 6.2%.
Flat 2, Mason House 50A, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Aug 2018.
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, Flat 2, Mason House 50A, Redditch was last sold on 27th April 2007 for £119,999 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2007, the market for similar properties has risen 18.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Mason House 50A, Redditch within a radius of 550 metres over the last 2 years.
The most recent example is Flat 5, Maple House 41, South Street, Redditch, B98 7DQ, a leasehold flat which sold for £72,000 on the 23rd September 2022.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parsons Road, Redditch, B98 has a total of 85 addresses. According to our analysis of all the public data, Flat 2, Mason House 50A, Redditch is the 82nd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in B98.
The closest station to Flat 2, Mason House 50A, Redditch is Redditch station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Mason House 50A, Redditch, 36.8% of property is socially rented and 33.6% is privately rented.
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 Flat 2, Mason House 50A, Redditch, 15.4% of residents are recorded as possessing school level qualifications and 21.2% 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 Flat 2, Mason House 50A, Redditch, the average age was 39.8 and the most common age was 37.
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 Flat 2, Mason House 50A, 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 Flat 2, Mason House 50A, Redditch, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
