1 Farthing Lane

    1, FARTHING LANE, REDDITCH, B97 6TE

    This semi-detached freehold property on Farthing Lane last sold in April 2014 for £149,000. Based on price growth in the B97 district since then, its estimated current value is £235,741 — placing it in the 34th percentile nationally and the 30th percentile within B97. The property covers 55 m² (592 sq ft), giving an estimated value of £4,286 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £149,000

    Apr 2014

    Estimated Valuation

    £235,741

    Est. £/m²

    £4,286/m²

    £398/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area55 m² (592 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Apr 2014

    £149,000

    24 Jul 2006

    £140,000

    17 Oct 2003

    £119,950

    16 Mar 2001

    £74,500

    18 Dec 1998

    New build

    £62,750

    Key Metrics

    Estimated valuation£235,741
    Value per m² / sq ft£4,286/m² (£398/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile30th percentile
    National percentile34th 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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