5 Michaelwood Close

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

    This semi-detached leasehold property on Michaelwood Close last sold in October 2003 for £125,500. Based on price growth in the B97 district since then, its estimated current value is £270,710 — placing it in the 42nd percentile nationally and the 43rd percentile within B97. The property covers 56 m² (603 sq ft), giving an estimated value of £4,834 per m². The EPC rating is D, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    56 m²

    (603 sq ft)

    Last Sale Price

    £125,500

    Oct 2003

    Estimated Valuation

    £270,710

    Est. £/m²

    £4,834/m²

    £449/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area56 m² (603 sq ft)
    EPC dateApr 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Oct 2003

    £125,500

    14 Mar 1997

    £56,000

    Key Metrics

    Estimated valuation£270,710
    Value per m² / sq ft£4,834/m² (£449/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile43rd percentile
    National percentile42nd 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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