12 Aldermans Lane

    12, ALDERMANS LANE, REDDITCH, B97 6TJ

    This detached freehold property on Aldermans Lane last sold in August 2019 for £420,000. Based on price growth in the B97 district since then, its estimated current value is £496,010 — placing it in the 78th percentile nationally and the 92nd percentile within B97. The property covers 158 m² (1,701 sq ft), giving an estimated value of £3,139 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    158 m²

    (1,701 sq ft)

    Last Sale Price

    £420,000

    Aug 2019

    Estimated Valuation

    £496,010

    Est. £/m²

    £3,139/m²

    £292/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area158 m² (1,701 sq ft)
    EPC dateApr 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2019

    £420,000

    5 Jul 2007

    £282,000

    16 Jul 2004

    £283,500

    27 Jan 2000

    New build

    £183,995

    Key Metrics

    Estimated valuation£496,010
    Value per m² / sq ft£3,139/m² (£292/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B97 district percentile92nd 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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