29 Banners Lane

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

    This flat/maisonette leasehold property on Banners Lane last sold in May 2011 for £73,000. Based on price growth in the B97 district since then, its estimated current value is £109,104 — placing it in the 5th percentile nationally and the 2nd percentile within B97. The property covers 85 m² (915 sq ft), giving an estimated value of £1,284 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £73,000

    May 2011

    Estimated Valuation

    £109,104

    Est. £/m²

    £1,284/m²

    £119/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area85 m² (915 sq ft)
    EPC dateMay 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2011

    £73,000

    24 May 2002

    £35,000

    27 Mar 1998

    £32,000

    Key Metrics

    Estimated valuation£109,104
    Value per m² / sq ft£1,284/m² (£119/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile2nd percentile
    National percentile5th 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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