42 Michaelwood Close

    42, MICHAELWOOD CLOSE, REDDITCH, B97 5YB

    This semi-detached leasehold property on Michaelwood Close last sold in July 2015 for £194,000. Based on price growth in the B97 district since then, its estimated current value is £308,067 — placing it in the 51st percentile nationally and the 57th percentile within B97. The property covers 81 m² (872 sq ft), giving an estimated value of £3,803 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    81 m²

    (872 sq ft)

    Last Sale Price

    £194,000

    Jul 2015

    Estimated Valuation

    £308,067

    Est. £/m²

    £3,803/m²

    £353/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area81 m² (872 sq ft)
    EPC dateMar 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jul 2015

    £194,000

    Key Metrics

    Estimated valuation£308,067
    Value per m² / sq ft£3,803/m² (£353/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile57th percentile
    National percentile51st 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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