5 Cranham Close

    5, CRANHAM CLOSE, REDDITCH, B97 5AY

    This detached leasehold property on Cranham Close last sold in May 2023 for £338,000. Based on price growth in the B97 district since then, its estimated current value is £344,323 — placing it in the 58th percentile nationally and the 67th percentile within B97. The property covers 105 m² (1,130 sq ft), giving an estimated value of £3,279 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    105 m²

    (1,130 sq ft)

    Last Sale Price

    £338,000

    May 2023

    Estimated Valuation

    £344,323

    Est. £/m²

    £3,279/m²

    £305/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area105 m² (1,130 sq ft)
    EPC dateSept 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 May 2023

    £338,000

    Key Metrics

    Estimated valuation£344,323
    Value per m² / sq ft£3,279/m² (£305/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile67th percentile
    National percentile58th 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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