58 Wheelers Lane

    58, WHEELERS LANE, REDDITCH, REDDITCH, B97 6GT

    This detached freehold property on Wheelers Lane last sold in June 2007 for £308,000. Based on price growth in the B97 district since then, its estimated current value is £488,977 — placing it in the 78th percentile nationally and the 91st percentile within B97. The property covers 194 m² (2,088 sq ft), giving an estimated value of £2,521 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    194 m²

    (2,088 sq ft)

    Last Sale Price

    £308,000

    Jun 2007

    Estimated Valuation

    £488,977

    Est. £/m²

    £2,521/m²

    £234/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area194 m² (2,088 sq ft)
    EPC dateOct 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jun 2007

    £308,000

    31 Mar 2005

    New build

    £339,995

    Key Metrics

    Estimated valuation£488,977
    Value per m² / sq ft£2,521/m² (£234/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile91st percentile
    National percentile78th 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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