2 Fordbridge Close

    2, FORDBRIDGE CLOSE, REDDITCH, B97 5AU

    This terraced freehold property on Fordbridge Close last sold in February 2017 for £125,000. Based on price growth in the B97 district since then, its estimated current value is £158,382 — placing it in the 14th percentile nationally and the 10th percentile within B97. The property covers 86 m² (926 sq ft), giving an estimated value of £1,842 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £125,000

    Feb 2017

    Estimated Valuation

    £158,382

    Est. £/m²

    £1,842/m²

    £171/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area86 m² (926 sq ft)
    EPC dateFeb 2017
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2017

    £125,000

    Key Metrics

    Estimated valuation£158,382
    Value per m² / sq ft£1,842/m² (£171/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile10th percentile
    National percentile14th 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

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