50 Well Close

    50, WELL CLOSE, REDDITCH, B97 5LU

    This terraced freehold property on Well Close last sold in May 2023 for £185,000. Based on price growth in the B97 district since then, its estimated current value is £195,618 — placing it in the 23rd percentile nationally and the 17th percentile within B97. The property covers 78 m² (840 sq ft), giving an estimated value of £2,508 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    78 m²

    (840 sq ft)

    Last Sale Price

    £185,000

    May 2023

    Estimated Valuation

    £195,618

    Est. £/m²

    £2,508/m²

    £233/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area78 m² (840 sq ft)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2023

    £185,000

    14 Aug 2017

    £152,500

    20 Jun 2008

    £110,000

    Key Metrics

    Estimated valuation£195,618
    Value per m² / sq ft£2,508/m² (£233/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile17th percentile
    National percentile23rd 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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