40 Spetchley Close

    40, SPETCHLEY CLOSE, REDDITCH, B97 5NB

    This terraced freehold property on Spetchley Close last sold in August 2014 for £178,000. Based on price growth in the B97 district since then, its estimated current value is £266,653 — placing it in the 41st percentile nationally and the 41st percentile within B97. The property covers 88 m² (947 sq ft), giving an estimated value of £3,030 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    88 m²

    (947 sq ft)

    Last Sale Price

    £178,000

    Aug 2014

    Estimated Valuation

    £266,653

    Est. £/m²

    £3,030/m²

    £281/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area88 m² (947 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2014

    £178,000

    9 May 2014

    £135,000

    Key Metrics

    Estimated valuation£266,653
    Value per m² / sq ft£3,030/m² (£281/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile41st percentile
    National percentile41st 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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