61 Mercot Close

    61, MERCOT CLOSE, REDDITCH, B98 7YY

    This detached leasehold property on Mercot Close last sold in September 2019 for £282,500. Based on price growth in the B98 district since then, its estimated current value is £328,934 — placing it in the 55th percentile nationally and the 83rd percentile within B98. The property covers 141 m² (1,518 sq ft), giving an estimated value of £2,333 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    141 m²

    (1,518 sq ft)

    Last Sale Price

    £282,500

    Sept 2019

    Estimated Valuation

    £328,934

    Est. £/m²

    £2,333/m²

    £217/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area141 m² (1,518 sq ft)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Sept 2019

    £282,500

    27 Mar 2006

    £230,000

    22 May 1998

    £96,000

    Key Metrics

    Estimated valuation£328,934
    Value per m² / sq ft£2,333/m² (£217/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile83rd percentile
    National percentile55th 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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