14 Michaelwood Close

    14, MICHAELWOOD CLOSE, REDDITCH, B97 5YB

    This terraced freehold property on Michaelwood Close last sold in November 2017 for £165,000. Based on price growth in the B97 district since then, its estimated current value is £209,065 — placing it in the 27th percentile nationally and the 21st percentile within B97. The property covers 55 m² (592 sq ft), giving an estimated value of £3,801 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £165,000

    Nov 2017

    Estimated Valuation

    £209,065

    Est. £/m²

    £3,801/m²

    £353/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area55 m² (592 sq ft)
    EPC dateFeb 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2017

    £165,000

    3 Nov 2017

    £165,000

    10 Jul 2015

    £109,000

    29 Jan 2001

    £49,450

    23 Jan 1998

    £35,000

    15 Dec 1995

    £40,000

    Key Metrics

    Estimated valuation£209,065
    Value per m² / sq ft£3,801/m² (£353/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile21st percentile
    National percentile27th 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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