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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, Forge Mill Cottage, Redditch is a period freehold house with 1,162 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Forge Mill Cottage, Redditch is £483,762 and the estimated rental value is £1,711 per month.
Needle Mill Lane, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
Forge Mill Cottage, Redditch has 61 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated December 2016.
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 Forge Mill Cottage, Redditch is in very good condition we estimate a sale value of £507,950 and a rental value of £1,796 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,899 and a rental value of £1,591 per month.
Over the last 12 months the sale value of Forge Mill Cottage Redditch has increased by an estimated £1,774 (0.4%) and its rental value has increased by an estimated £37 per month (2.1%), giving an expected gross yield of 4.2%.
Forge Mill Cottage, Redditch has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Dec 2016.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Forge Mill Cottage, Redditch was last sold on 12th March 2021 for £435,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since March 2021, the market for similar properties has dropped 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Forge Mill Cottage, Redditch within a radius of 830 metres over the last 2 years.
The most recent example is 186, Hither Green Lane, Redditch, B98 9AZ, a freehold house which sold for £475,000 on the 21st March 2024.
Read more about house prices in B98.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Needle Mill Lane, Redditch, B98 has a total of 2 addresses. According to our analysis of all the public data, Forge Mill Cottage, Redditch is the largest and the most expensive property on the street.
When compared to the postcode district it is £246k more expensive than the average property in B98.
The closest station to Forge Mill Cottage, Redditch is Redditch station which is 1.2 kilometres away.
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 Forge Mill Cottage, Redditch, % of property is and % is .
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 Forge Mill Cottage, Redditch, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Forge Mill Cottage, 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 Forge Mill Cottage, Redditch, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
