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According to the public record, Flat 3, Newall House, Redditch is a modern apartment with 452 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 Flat 3, Newall House, Redditch is £120,252 and the estimated rental value is £665 per month.
The apartment is within Newall House, The Mayfields, Redditch, B98.
The Mayfields, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
Flat 3, Newall House, Redditch has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
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 Flat 3, Newall House, Redditch is in very good condition we estimate a sale value of £126,265 and a rental value of £698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,835 and a rental value of £618 per month.
Over the last 12 months the sale value of Flat 3 Newall House Redditch has increased by an estimated £790 (0.7%) and its rental value has increased by an estimated £18 per month (2.7%), giving an expected gross yield of 6.6%.
Flat 3, Newall House, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Newall House, Redditch within a radius of 640 metres over the last 2 years.
The most recent example is 5 Lydan House, Pool Bank, Redditch, B97 4JS, a leasehold flat which sold for £105,000 on the 14th June 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Mayfields, Redditch, B98 has a total of 76 addresses. According to our analysis of all the public data, Flat 3, Newall House, Redditch is the 76th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in B98.
The closest station to Flat 3, Newall House, Redditch is Redditch station which is 900 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 3, Newall House, Redditch, 40.3% of property is privately rented and 28.6% 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 Flat 3, Newall House, Redditch, 12.3% of residents are recorded as possessing school level qualifications and 25.8% 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 Flat 3, Newall House, 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 3, Newall House, Redditch, 0.7% 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 3, Newall House, Redditch, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.