5 Parkfield Close

    5, PARKFIELD CLOSE, REDDITCH, B98 8TA

    This terraced freehold property on Parkfield Close last sold in January 2025 for £160,000. Based on price growth in the B98 district since then, its estimated current value is £160,000 — placing it in the 15th percentile nationally and the 11th percentile within B98. The property covers 41 m² (441 sq ft), giving an estimated value of £3,902 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    41 m²

    (441 sq ft)

    Last Sale Price

    £160,000

    Jan 2025

    Estimated Valuation

    £160,000

    Est. £/m²

    £3,902/m²

    £363/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area41 m² (441 sq ft)
    EPC dateOct 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Jan 2025

    £160,000

    12 Jun 2007

    £118,500

    22 Dec 1998

    £45,750

    Key Metrics

    Estimated valuation£160,000
    Value per m² / sq ft£3,902/m² (£363/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B98 district percentile11th percentile
    National percentile15th 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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