3 Michaelwood Close

    3, MICHAELWOOD CLOSE, REDDITCH, REDDITCH, B97 5YB

    This semi-detached leasehold property on Michaelwood Close last sold in August 2006 for £155,000. Based on price growth in the B97 district since then, its estimated current value is £261,072 — placing it in the 40th percentile nationally and the 39th percentile within B97. The property covers 40 m² (431 sq ft), giving an estimated value of £6,527 per m². The EPC rating is F, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £155,000

    Aug 2006

    Estimated Valuation

    £261,072

    Est. £/m²

    £6,527/m²

    £606/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area40 m² (431 sq ft)
    EPC dateJan 2025
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Aug 2006

    £155,000

    6 Jun 2003

    £125,000

    30 Apr 1997

    £58,000

    Key Metrics

    Estimated valuation£261,072
    Value per m² / sq ft£6,527/m² (£606/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile39th percentile
    National percentile40th 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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