5 Ridings Lane

    5, RIDINGS LANE, REDDITCH, B98 8RS

    This detached freehold property on Ridings Lane last sold in February 2019 for £286,000. Based on price growth in the B98 district since then, its estimated current value is £333,009 — placing it in the 56th percentile nationally and the 83rd percentile within B98. The property covers 111 m² (1,195 sq ft), giving an estimated value of £3,000 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    111 m²

    (1,195 sq ft)

    Last Sale Price

    £286,000

    Feb 2019

    Estimated Valuation

    £333,009

    Est. £/m²

    £3,000/m²

    £279/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area111 m² (1,195 sq ft)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2019

    £286,000

    Key Metrics

    Estimated valuation£333,009
    Value per m² / sq ft£3,000/m² (£279/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile83rd percentile
    National percentile56th 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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