11 Preston Close

    11, PRESTON CLOSE, REDDITCH, B98 8RU

    This detached leasehold property on Preston Close last sold in October 2016 for £250,000. Based on price growth in the B98 district since then, its estimated current value is £342,046 — placing it in the 58th percentile nationally and the 85th percentile within B98. The property covers 120 m² (1,292 sq ft), giving an estimated value of £2,850 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    120 m²

    (1,292 sq ft)

    Last Sale Price

    £250,000

    Oct 2016

    Estimated Valuation

    £342,046

    Est. £/m²

    £2,850/m²

    £265/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area120 m² (1,292 sq ft)
    EPC dateJun 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Oct 2016

    £250,000

    Key Metrics

    Estimated valuation£342,046
    Value per m² / sq ft£2,850/m² (£265/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile85th percentile
    National percentile58th 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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