Meadow Bank, Redditch
Meadow Bank, Redditch
Description & Estimates
Meadow Bank, Redditch is recorded publicly as an early-century freehold house across 1,237 ft2 of internal area, sitting on a 4,009 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Meadow Bank, Redditch is £653,616 and its rental estimate is £2,163 per month, given the available information and assuming reasonable condition.
Tanworth Lane, Beoley, Redditch, B98 falls within the B98 postal district, in the borough of Stratford-on-Avon.
Our Data Sources
Meadow Bank, Redditch has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Meadow Bank, Redditch, we estimate a market value of £686,297 and a rental value of £2,271 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £607,863 and £2,012 per month respectively.
Recent Market Change
Over the last year, Meadow Bank, Redditch has seen its estimated sale value rise by £7,500 (1.1%) and its estimated rental value move up by £56 per month (2.6%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for Meadow Bank, Redditch as measuring 4,009 m2.
That makes it the 3rd largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
Meadow Bank, Redditch has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 17 Nov 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Meadow Bank, Redditch completed on 19th August 2015 at £371,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 30.9% over the period since August 2015.
- Sold Aug 2015£371,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Meadow Bank, Redditch have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2021, was Windways, Aspley Heath Lane, Solihull, B94 5HU, a freehold house which sold for £585,000.
Read more about house prices in B98.
- Sold Nov 2021£585,000 | 3 Bed HouseWindways, Aspley Heath Lane, Solihull, B94 5HUWindways, Aspley Heath Lane, Solihull, B94 5HU
- Sold Jun 2021£575,000 | 4 Bed HouseThe Limes, Alderhanger Lane, Redditch, B98 9EDThe Limes, Alderhanger Lane, Redditch, B98 9ED
- Sold Jun 2021£595,000 | 3 Bed HouseSelworthy, Blind Lane, Solihull, B94 5HSSelworthy, Blind Lane, Solihull, B94 5HS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Tanworth Lane, Beoley, Redditch, B98, Meadow Bank, Redditch comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £415k more expensive than the average property across the B98 district.
More reading links
Schools Nearby
- 2.2kmTanworth-in-Arden CofE Primary School
- 2.2kmBeoley First School
- 2.9kmMappleborough Green CofE Primary School
- 3.7kmArrow Vale High School
- 5.2kmTrinity High School and Sixth Form Centre
- 5.5kmTudor Grange Academy Redditch
More reading links
Public Transport Nearby
From Meadow Bank, Redditch, the nearest station is Wood End, 2.7 kilometres away.
- 2.7kmWood End
- 2.8kmDanzey
- 4.2kmThe Lakes (Warks)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
