32 Michaelwood Close

    32, MICHAELWOOD CLOSE, REDDITCH, REDDITCH, B97 5YB

    This terraced leasehold property on Michaelwood Close last sold in August 2003 for £80,000. Based on price growth in the B97 district since then, its estimated current value is £162,601 — placing it in the 15th percentile nationally and the 10th percentile within B97. The property covers 40 m² (431 sq ft), giving an estimated value of £4,065 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £80,000

    Aug 2003

    Estimated Valuation

    £162,601

    Est. £/m²

    £4,065/m²

    £378/sq ft

    Property Details

    TypeTerraced
    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

    22 Aug 2003

    £80,000

    30 Jan 2001

    £45,000

    Key Metrics

    Estimated valuation£162,601
    Value per m² / sq ft£4,065/m² (£378/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile10th percentile
    National percentile15th 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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