8 Drakes Close

    8, DRAKES CLOSE, REDDITCH, B97 5NG

    This detached freehold property on Drakes Close last sold in December 2021 for £352,500. Based on price growth in the B97 district since then, its estimated current value is £395,043 — placing it in the 67th percentile nationally and the 78th percentile within B97. The property covers 106 m² (1,141 sq ft), giving an estimated value of £3,727 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    106 m²

    (1,141 sq ft)

    Last Sale Price

    £352,500

    Dec 2021

    Estimated Valuation

    £395,043

    Est. £/m²

    £3,727/m²

    £346/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area106 m² (1,141 sq ft)
    EPC dateSept 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Dec 2021

    £352,500

    12 Dec 2013

    £210,000

    30 Mar 2007

    £236,000

    Key Metrics

    Estimated valuation£395,043
    Value per m² / sq ft£3,727/m² (£346/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile78th percentile
    National percentile67th 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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