10 Michaelwood Close

    10, MICHAELWOOD CLOSE, REDDITCH, B97 5YB

    This semi-detached leasehold property on Michaelwood Close last sold in April 2022 for £236,000. Based on price growth in the B97 district since then, its estimated current value is £248,592 — placing it in the 37th percentile nationally and the 35th percentile within B97. The property covers 76 m² (818 sq ft), giving an estimated value of £3,271 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    76 m²

    (818 sq ft)

    Last Sale Price

    £236,000

    Apr 2022

    Estimated Valuation

    £248,592

    Est. £/m²

    £3,271/m²

    £304/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageG
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area76 m² (818 sq ft)
    EPC dateOct 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2022

    £236,000

    11 Apr 2014

    £150,000

    Key Metrics

    Estimated valuation£248,592
    Value per m² / sq ft£3,271/m² (£304/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile35th percentile
    National percentile37th 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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