12 Banners Lane

    12, BANNERS LANE, CRABBS CROSS, REDDITCH, B97 5LS

    This terraced freehold property on Banners Lane last sold in June 2023 for £225,000. Based on price growth in the B97 district since then, its estimated current value is £237,914 — placing it in the 34th percentile nationally and the 31st percentile within B97. The property covers 81 m² (872 sq ft), giving an estimated value of £2,937 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    81 m²

    (872 sq ft)

    Last Sale Price

    £225,000

    Jun 2023

    Estimated Valuation

    £237,914

    Est. £/m²

    £2,937/m²

    £273/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area81 m² (872 sq ft)
    EPC dateFeb 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2023

    £225,000

    10 May 2018

    £168,000

    Key Metrics

    Estimated valuation£237,914
    Value per m² / sq ft£2,937/m² (£273/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile31st percentile
    National percentile34th 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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