59 Banners Lane

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

    This terraced freehold property on Banners Lane last sold in August 2024 for £242,500. Based on price growth in the B97 district since then, its estimated current value is £246,256 — placing it in the 36th percentile nationally and the 34th percentile within B97. The property covers 90 m² (969 sq ft), giving an estimated value of £2,736 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    90 m²

    (969 sq ft)

    Last Sale Price

    £242,500

    Aug 2024

    Estimated Valuation

    £246,256

    Est. £/m²

    £2,736/m²

    £254/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area90 m² (969 sq ft)
    EPC dateJun 2024
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Aug 2024

    £242,500

    Key Metrics

    Estimated valuation£246,256
    Value per m² / sq ft£2,736/m² (£254/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile34th percentile
    National percentile36th 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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