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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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Flat 5, Seacole House 226A, Redditch is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 5, Seacole House 226A, Redditch is £151,735 and its rental estimate is £785 per month, given the available information and assuming reasonable condition.
Seacole House, Birchfield Road is a residential building on Birchfield Road, Redditch, B97 and falls within the B97 postal district and the borough of Redditch.
Flat 5, Seacole House 226A, Redditch has 41 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 5, Seacole House 226A, Redditch, we estimate a market value of £159,322 and a rental value of £824 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £141,114 and £730 per month respectively.
Over the last year, Flat 5, Seacole House 226A, Redditch has seen its estimated sale value grow by £2,026 (1.3%) and its estimated rental value climb by £28 per month (3.6%). This results in an estimated gross rental yield of 6.2%.
Flat 5, Seacole House 226A, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 5, Seacole House 226A, Redditch completed on 22nd June 2021 at £133,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 7.8% over the period since June 2021.
Over the past 2 years 3 properties similar to Flat 5, Seacole House 226A, Redditch have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th May 2024, was Apartment 5, The Beeches 233, Birchfield Road, Redditch, B97 4LX, a leasehold flat which sold for £143,000.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 428 addresses on Birchfield Road, Redditch, B97, Flat 5, Seacole House 226A, Redditch comes out as the 272nd largest and the 309th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the B97 district.
From Flat 5, Seacole House 226A, Redditch, the nearest station is Redditch, 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Seacole House 226A, Redditch, 37.9% of property is privately rented and 28.8% 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 Flat 5, Seacole House 226A, Redditch, 7.6% of residents are recorded as possessing school level qualifications and 27.2% 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 5, Seacole House 226A, 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 Flat 5, Seacole House 226A, 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 5, Seacole House 226A, Redditch, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
