88 Mercot Close

    88, MERCOT CLOSE, REDDITCH, B98 7YY

    This detached leasehold property on Mercot Close last sold in June 2023 for £324,000. Based on price growth in the B98 district since then, its estimated current value is £300,155 — placing it in the 49th percentile nationally and the 75th percentile within B98. The property covers 74 m² (797 sq ft), giving an estimated value of £4,056 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    74 m²

    (797 sq ft)

    Last Sale Price

    £324,000

    Jun 2023

    Estimated Valuation

    £300,155

    Est. £/m²

    £4,056/m²

    £377/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area74 m² (797 sq ft)
    EPC dateAug 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2023

    £324,000

    10 Dec 2018

    £252,000

    Key Metrics

    Estimated valuation£300,155
    Value per m² / sq ft£4,056/m² (£377/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile75th 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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