Red Roofs Bates Lane

    RED ROOFS, BATES LANE, TANWORTH IN ARDEN, SOLIHULL, B94 5AR

    This detached freehold property on Bates Lane last sold in September 2020 for £1,300,000. Based on price growth in the B94 district since then, its estimated current value is £1,236,427 — placing it in the 97th percentile nationally and the 91st percentile within B94. The property covers 366 m² (3,940 sq ft), giving an estimated value of £3,378 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    366 m²

    (3,940 sq ft)

    Last Sale Price

    £1,300,000

    Sept 2020

    Estimated Valuation

    £1,236,427

    Est. £/m²

    £3,378/m²

    £314/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area366 m² (3,940 sq ft)
    EPC dateMay 2015
    WallsCavity wall, with external insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Sept 2020

    £1,300,000

    2 Nov 2015

    £1,360,000

    8 Sept 2011

    £851,000

    Key Metrics

    Estimated valuation£1,236,427
    Value per m² / sq ft£3,378/m² (£314/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B94 district percentile91st percentile
    National percentile97th percentile

    District Context — B94

    B94 covers Bromsgrove and surrounding areas in Worcestershire, south of Birmingham. It is a commuter-belt district with a mix of suburban residential neighbourhoods and semi-rural character, popular with families and established homeowners.

    Average Property Price - B94

    £597,314

    89

    National percentile

    Average Net Household Income - B94

    £49,566

    88

    National percentile

    10-Year Annualised Price Growth - B94

    1.3%

    4

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B94

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