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According to the public record, New Cottage, Redditch is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 481 ft2 of internal area and sits on a 949 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for New Cottage, Redditch is £144,193 and the estimated rental value is £692 per month.
Hewell Close, Redditch, B97 is located in the borough of Bromsgrove within the B97 postal district.
New Cottage, Redditch has a single entry in the Land Registry from May 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 New Cottage, Redditch is in very good condition we estimate a sale value of £151,403 and a rental value of £727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £134,099 and a rental value of £644 per month.
Over the last 12 months the sale value of New Cottage Redditch has increased by an estimated £2,904 (2.0%) and its rental value has increased by an estimated £29 per month (4.2%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, New Cottage, Redditch sits on a plot of 949m2.
We have plot size data on 4 out of 4 other houses in the postcode and New Cottage, Redditch sits on the 2nd largest plot.
According to HM Land Registry, New Cottage, Redditch was last sold on 8th May 2009 for £110,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2009, the market for similar properties has risen 121.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to New Cottage, Redditch within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 2 Rose Cottage, Hewell Close, Redditch, B97 5SP, a freehold house which sold for £120,000 on the 25th July 2008.
Read more about house prices in B97.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hewell Close, Redditch, B97 has a total of 4 addresses. According to our analysis of all the public data, New Cottage, Redditch is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in B97.
The closest station to New Cottage, Redditch is Bromsgrove station which is 3.4 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 New 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 New 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 New 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 New 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.