2 Lower Grinsty Lane

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

    This detached freehold property on Lower Grinsty Lane last sold in August 2017 for £485,000. Based on price growth in the B97 district since then, its estimated current value is £606,580 — placing it in the 86th percentile nationally and the 97th percentile within B97. The property covers 133 m² (1,432 sq ft), giving an estimated value of £4,561 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    133 m²

    (1,432 sq ft)

    Last Sale Price

    £485,000

    Aug 2017

    Estimated Valuation

    £606,580

    Est. £/m²

    £4,561/m²

    £424/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area133 m² (1,432 sq ft)
    EPC dateJan 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, oil

    Transaction History

    2 Aug 2017

    £485,000

    26 Jan 2005

    £390,000

    Key Metrics

    Estimated valuation£606,580
    Value per m² / sq ft£4,561/m² (£424/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile97th percentile
    National percentile86th 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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