16 Mercot Close

    16, MERCOT CLOSE, REDDITCH, B98 7YX

    This detached freehold property on Mercot Close last sold in March 2019 for £255,000. Based on price growth in the B98 district since then, its estimated current value is £296,914 — placing it in the 49th percentile nationally and the 74th percentile within B98. The property covers 76 m² (818 sq ft), giving an estimated value of £3,907 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    76 m²

    (818 sq ft)

    Last Sale Price

    £255,000

    Mar 2019

    Estimated Valuation

    £296,914

    Est. £/m²

    £3,907/m²

    £363/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area76 m² (818 sq ft)
    EPC dateMay 2014
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2019

    £255,000

    1 Oct 2014

    £165,000

    Key Metrics

    Estimated valuation£296,914
    Value per m² / sq ft£3,907/m² (£363/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile74th 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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