18 Merevale Close

    18, MEREVALE CLOSE, REDDITCH, B98 0HZ

    This semi-detached leasehold property on Merevale Close last sold in August 2017 for £172,000. Based on price growth in the B98 district since then, its estimated current value is £233,160 — placing it in the 33rd percentile nationally and the 50th percentile within B98. The property covers 80 m² (861 sq ft), giving an estimated value of £2,915 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    80 m²

    (861 sq ft)

    Last Sale Price

    £172,000

    Aug 2017

    Estimated Valuation

    £233,160

    Est. £/m²

    £2,915/m²

    £271/sq ft

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area80 m² (861 sq ft)
    EPC dateApr 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2017

    £172,000

    13 Jan 2012

    £123,000

    21 Oct 2005

    £124,000

    26 Jul 2002

    £81,000

    Key Metrics

    Estimated valuation£233,160
    Value per m² / sq ft£2,915/m² (£271/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile50th percentile
    National percentile33rd percentile

    District Context — B98

    B98 covers Redditch and its surrounding areas in Worcestershire, south of Birmingham. It is a mixed residential neighbourhood with a blend of suburban character and local employment opportunities.

    Average Property Price - B98

    £253,918

    29

    National percentile

    Average Net Household Income - B98

    £36,516

    41

    National percentile

    10-Year Annualised Price Growth - B98

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B98

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