87 Cranham Close

    87, CRANHAM CLOSE, REDDITCH, B97 5AZ

    This detached leasehold property on Cranham Close last sold in September 2022 for £300,000. Based on price growth in the B97 district since then, its estimated current value is £301,645 — placing it in the 50th percentile nationally and the 55th percentile within B97. The property covers 71 m² (764 sq ft), giving an estimated value of £4,249 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    71 m²

    (764 sq ft)

    Last Sale Price

    £300,000

    Sept 2022

    Estimated Valuation

    £301,645

    Est. £/m²

    £4,249/m²

    £395/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area71 m² (764 sq ft)
    EPC dateDec 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2022

    £300,000

    16 Mar 2017

    £247,000

    2 Jul 1999

    £83,950

    Key Metrics

    Estimated valuation£301,645
    Value per m² / sq ft£4,249/m² (£395/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile55th percentile
    National percentile50th 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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