48 Watery Lane

    48, WATERY LANE, REDDITCH, B98 7AN

    This terraced freehold property on Watery Lane last sold in August 2019 for £240,000. Based on price growth in the B98 district since then, its estimated current value is £300,704 — placing it in the 49th percentile nationally and the 76th percentile within B98. The property covers 120 m² (1,292 sq ft), giving an estimated value of £2,506 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    120 m²

    (1,292 sq ft)

    Last Sale Price

    £240,000

    Aug 2019

    Estimated Valuation

    £300,704

    Est. £/m²

    £2,506/m²

    £233/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area120 m² (1,292 sq ft)
    EPC dateAug 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Aug 2019

    £240,000

    3 Jun 2015

    £171,000

    25 Jan 2013

    £145,000

    5 Oct 1995

    £67,000

    Key Metrics

    Estimated valuation£300,704
    Value per m² / sq ft£2,506/m² (£233/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile76th percentile
    National percentile49th 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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