18 Spetchley Close

    18, SPETCHLEY CLOSE, REDDITCH, B97 5NB

    This terraced leasehold property on Spetchley Close last sold in April 2023 for £260,000. Based on price growth in the B97 district since then, its estimated current value is £274,923 — placing it in the 43rd percentile nationally and the 45th percentile within B97. The property covers 69 m² (743 sq ft), giving an estimated value of £3,984 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £260,000

    Apr 2023

    Estimated Valuation

    £274,923

    Est. £/m²

    £3,984/m²

    £370/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area69 m² (743 sq ft)
    EPC dateFeb 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2023

    £260,000

    27 Mar 2020

    £235,000

    25 May 2018

    £205,000

    10 May 2007

    £162,500

    20 Jun 2003

    £116,500

    25 Oct 2002

    £101,500

    24 May 1996

    £45,950

    Key Metrics

    Estimated valuation£274,923
    Value per m² / sq ft£3,984/m² (£370/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile45th percentile
    National percentile43rd 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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