49 Michaelwood Close

    49, MICHAELWOOD CLOSE, REDDITCH, B97 5YB

    This terraced freehold property on Michaelwood Close last sold in October 2010 for £159,000. Based on price growth in the B97 district since then, its estimated current value is £254,053 — placing it in the 38th percentile nationally and the 37th percentile within B97. The property covers 62 m² (667 sq ft), giving an estimated value of £4,098 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £159,000

    Oct 2010

    Estimated Valuation

    £254,053

    Est. £/m²

    £4,098/m²

    £381/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area62 m² (667 sq ft)
    EPC dateJul 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2010

    £159,000

    Key Metrics

    Estimated valuation£254,053
    Value per m² / sq ft£4,098/m² (£381/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile37th percentile
    National percentile38th 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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