74 Cedar Road

    74, CEDAR ROAD, REDDITCH, B97 6HN

    This terraced leasehold property on Cedar Road last sold in November 2016 for £85,000. Based on price growth in the B97 district since then, its estimated current value is £120,484 — placing it in the 7th percentile nationally and the 4th percentile within B97. The property covers 48 m² (517 sq ft), giving an estimated value of £2,510 per m². The EPC rating is C, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    48 m²

    (517 sq ft)

    Last Sale Price

    £85,000

    Nov 2016

    Estimated Valuation

    £120,484

    Est. £/m²

    £2,510/m²

    £233/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area48 m² (517 sq ft)
    EPC dateNov 2016
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2016

    £85,000

    14 Jun 2002

    £42,000

    Key Metrics

    Estimated valuation£120,484
    Value per m² / sq ft£2,510/m² (£233/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile4th percentile
    National percentile7th 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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