1 Drakes Close

    1, DRAKES CLOSE, REDDITCH, B97 5NG

    This detached freehold property on Drakes Close last sold in June 2018 for £293,500. Based on price growth in the B97 district since then, its estimated current value is £360,906 — placing it in the 61st percentile nationally and the 71st percentile within B97. The property covers 117 m² (1,259 sq ft), giving an estimated value of £3,085 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    117 m²

    (1,259 sq ft)

    Last Sale Price

    £293,500

    Jun 2018

    Estimated Valuation

    £360,906

    Est. £/m²

    £3,085/m²

    £287/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area117 m² (1,259 sq ft)
    EPC dateJan 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jun 2018

    £293,500

    20 Dec 2005

    New build

    £197,000

    Key Metrics

    Estimated valuation£360,906
    Value per m² / sq ft£3,085/m² (£287/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile71st percentile
    National percentile61st 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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