Forge Mill Cottage Needle Mill Lane

    FORGE MILL COTTAGE, NEEDLE MILL LANE, REDDITCH, B98 8HY

    This detached freehold property on Needle Mill Lane last sold in March 2021 for £435,000. Based on price growth in the B98 district since then, its estimated current value is £452,530 — placing it in the 74th percentile nationally and the 96th percentile within B98. The property covers 108 m² (1,163 sq ft), giving an estimated value of £4,190 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    108 m²

    (1,163 sq ft)

    Last Sale Price

    £435,000

    Mar 2021

    Estimated Valuation

    £452,530

    Est. £/m²

    £4,190/m²

    £389/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area108 m² (1,163 sq ft)
    EPC dateDec 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Mar 2021

    £435,000

    12 May 2017

    £360,000

    2 Nov 2006

    £300,000

    15 Aug 2003

    £285,000

    24 Jan 2002

    £225,000

    22 Mar 2001

    £132,000

    Key Metrics

    Estimated valuation£452,530
    Value per m² / sq ft£4,190/m² (£389/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile96th percentile
    National percentile74th percentile

    Other Properties on Needle Mill Lane

    No data available.

    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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