Redways Broad Lane

    REDWAYS, BROAD LANE, TANWORTH IN ARDEN, SOLIHULL, B94 5DY

    This detached freehold property on Broad Lane last sold in July 2015 for £625,000. Based on price growth in the B94 district since then, its estimated current value is £730,976 — placing it in the 91st percentile nationally and the 71st percentile within B94. The property covers 168 m² (1,808 sq ft), giving an estimated value of £4,351 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    168 m²

    (1,808 sq ft)

    Last Sale Price

    £625,000

    Jul 2015

    Estimated Valuation

    £730,976

    Est. £/m²

    £4,351/m²

    £404/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area168 m² (1,808 sq ft)
    EPC dateApr 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Jul 2015

    £625,000

    Key Metrics

    Estimated valuation£730,976
    Value per m² / sq ft£4,351/m² (£404/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B94 district percentile71st percentile
    National percentile91st 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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