3 Farthing Lane

    3, FARTHING LANE, REDDITCH, B97 6TE

    This terraced freehold property on Farthing Lane last sold in August 2021 for £210,000. Based on price growth in the B97 district since then, its estimated current value is £233,200 — placing it in the 33rd percentile nationally and the 29th percentile within B97. The property covers 55 m² (592 sq ft), giving an estimated value of £4,240 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £210,000

    Aug 2021

    Estimated Valuation

    £233,200

    Est. £/m²

    £4,240/m²

    £394/sq ft

    Property Details

    TypeTerraced
    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 dateAug 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Aug 2021

    £210,000

    1 Mar 2019

    £186,000

    3 Oct 2014

    £150,000

    26 May 2006

    £140,000

    7 Nov 2003

    £117,000

    10 Nov 2000

    £74,000

    18 Dec 1998

    New build

    £62,850

    Key Metrics

    Estimated valuation£233,200
    Value per m² / sq ft£4,240/m² (£394/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile29th percentile
    National percentile33rd 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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