28 Michaelwood Close

    28, MICHAELWOOD CLOSE, REDDITCH, B97 5YB

    This semi-detached leasehold property on Michaelwood Close last sold in July 2009 for £110,000. Based on price growth in the B97 district since then, its estimated current value is £201,783 — placing it in the 25th percentile nationally and the 19th percentile within B97. The property covers 40 m² (431 sq ft), giving an estimated value of £5,045 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £110,000

    Jul 2009

    Estimated Valuation

    £201,783

    Est. £/m²

    £5,045/m²

    £469/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area40 m² (431 sq ft)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2009

    £110,000

    14 Dec 2004

    £110,000

    29 Nov 2002

    £72,500

    27 Jun 1997

    £40,500

    19 May 1995

    £39,500

    Key Metrics

    Estimated valuation£201,783
    Value per m² / sq ft£5,045/m² (£469/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile19th percentile
    National percentile25th 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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