245 Bromsgrove Road

    245, BROMSGROVE ROAD, REDDITCH, B97 4SH

    This terraced freehold property on Bromsgrove Road last sold in September 2018 for £230,000. Based on price growth in the B97 district since then, its estimated current value is £276,195 — placing it in the 44th percentile nationally and the 45th percentile within B97. The property covers 81 m² (872 sq ft), giving an estimated value of £3,410 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    81 m²

    (872 sq ft)

    Last Sale Price

    £230,000

    Sept 2018

    Estimated Valuation

    £276,195

    Est. £/m²

    £3,410/m²

    £317/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area81 m² (872 sq ft)
    EPC dateMay 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Sept 2018

    £230,000

    Key Metrics

    Estimated valuation£276,195
    Value per m² / sq ft£3,410/m² (£317/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile45th percentile
    National percentile44th percentile

    District Context — B97

    B97 covers Redditch and surrounding areas in the North Worcestershire belt, positioned between Birmingham and the wider West Midlands region. It is a established residential district with a mixed residential and employment base, appealing primarily to families and commuters seeking more affordable alternatives to urban centres.

    Average Property Price - B97

    £296,070

    41

    National percentile

    Average Net Household Income - B97

    £38,312

    51

    National percentile

    10-Year Annualised Price Growth - B97

    3.7%

    57

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B97

    More properties in B97

    Explore nearby