2 Patch Lane

    2, PATCH LANE, OAKENSHAW, REDDITCH, B98 7XE

    This terraced freehold property on Patch Lane last sold in August 2016 for £138,000. Based on price growth in the B98 district since then, its estimated current value is £199,924 — placing it in the 24th percentile nationally and the 32nd percentile within B98. The property covers 86 m² (926 sq ft), giving an estimated value of £2,325 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £138,000

    Aug 2016

    Estimated Valuation

    £199,924

    Est. £/m²

    £2,325/m²

    £216/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area86 m² (926 sq ft)
    EPC dateApr 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2016

    £138,000

    26 Sept 2002

    £79,000

    10 Nov 2000

    £60,000

    15 Jan 1998

    £44,500

    30 May 1997

    £39,500

    Key Metrics

    Estimated valuation£199,924
    Value per m² / sq ft£2,325/m² (£216/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile32nd percentile
    National percentile24th 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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