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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 A, 73, Marsden Road, Redditch is £70,396 and the estimated rental value is £418 per month.
The apartment is within 73, Marsden Road, Redditch, B98.
Marsden Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
Flat A, 73, Marsden Road, Redditch has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
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 A, 73, Marsden Road, Redditch is in very good condition we estimate a sale value of £73,916 and a rental value of £438 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,469 and a rental value of £388 per month.
Over the last 12 months the sale value of Flat A 73 Marsden Road Redditch has increased by an estimated £463 (0.7%) and its rental value has increased by an estimated £11 per month (2.7%), giving an expected gross yield of 7.1%.
Flat A, 73, Marsden Road, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2019.
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 1 sale of a property similar to Flat A, 73, Marsden Road, Redditch within a radius of 590 metres over the last 2 years.
The most recent example is 73, Marsden Road, Redditch, B98 7BL, a leasehold flat which sold for £467,572 on the 14th June 2019.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsden Road, Redditch, B98 has a total of 78 addresses. According to our analysis of all the public data, Flat A, 73, Marsden Road, Redditch is the 73rd largest and the 74th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in B98.
The closest station to Flat A, 73, Marsden Road, Redditch is Redditch station which is 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat A, 73, Marsden 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 Flat A, 73, Marsden 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 Flat A, 73, Marsden 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 Flat A, 73, Marsden 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 Flat A, 73, Marsden 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.