1 Preston Close

    1, PRESTON CLOSE, REDDITCH, B98 8RU

    This detached freehold property on Preston Close last sold in September 2019 for £300,000. Based on price growth in the B98 district since then, its estimated current value is £349,310 — placing it in the 59th percentile nationally and the 86th percentile within B98. The property covers 95 m² (1,023 sq ft), giving an estimated value of £3,677 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    95 m²

    (1,023 sq ft)

    Last Sale Price

    £300,000

    Sept 2019

    Estimated Valuation

    £349,310

    Est. £/m²

    £3,677/m²

    £342/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area95 m² (1,023 sq ft)
    EPC dateJun 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2019

    £300,000

    23 Feb 2007

    £230,000

    11 Nov 2005

    £222,500

    31 Aug 2001

    £102,500

    Key Metrics

    Estimated valuation£349,310
    Value per m² / sq ft£3,677/m² (£342/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile86th percentile
    National percentile59th 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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