12 Lower Grinsty Lane

    12, LOWER GRINSTY LANE, CALLOW HILL, REDDITCH, B97 5PJ

    This detached freehold property on Lower Grinsty Lane last sold in March 2016 for £560,000. Based on price growth in the B97 district since then, its estimated current value is £737,580 — placing it in the 91st percentile nationally and the 99th percentile within B97. The property covers 191 m² (2,056 sq ft), giving an estimated value of £3,862 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    191 m²

    (2,056 sq ft)

    Last Sale Price

    £560,000

    Mar 2016

    Estimated Valuation

    £737,580

    Est. £/m²

    £3,862/m²

    £359/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms10
    Main fueloil (not community)
    EPC currentD
    EPC potentialB
    Floor area191 m² (2,056 sq ft)
    EPC dateAug 2015
    WallsSolid brick, as built, partial insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    24 Mar 2016

    £560,000

    Key Metrics

    Estimated valuation£737,580
    Value per m² / sq ft£3,862/m² (£359/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile99th percentile
    National percentile91st 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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