3 Grazing Lane

    3, GRAZING LANE, REDDITCH, REDDITCH, B97 5PE

    This detached freehold property on Grazing Lane last sold in June 1995 for £130,000. Based on price growth in the B97 district since then, its estimated current value is £549,547 — placing it in the 83rd percentile nationally and the 95th percentile within B97. The property covers 136 m² (1,464 sq ft), giving an estimated value of £4,041 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    136 m²

    (1,464 sq ft)

    Last Sale Price

    £130,000

    Jun 1995

    Estimated Valuation

    £549,547

    Est. £/m²

    £4,041/m²

    £375/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area136 m² (1,464 sq ft)
    EPC dateFeb 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Jun 1995

    £130,000

    Key Metrics

    Estimated valuation£549,547
    Value per m² / sq ft£4,041/m² (£375/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile95th percentile
    National percentile83rd 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

    More properties in B97

    Explore nearby