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Postcode Overview
of B97 4LW
B97 4LW is a residential postcode located on Minworth Close, Redditch, B97. It is the 797th largest postcode in the B97 area.
It contains 40 residential addresses consisting of 17 houses and 23 flats and the most common type of property is a modern flat built after 1980.
Average property prices
in B97 4LW
The average house value is £138,361. Sales values have increased in the last 12 months by 2.9% and Rental values have increased by 7.2%.
Property sale values range from £111,720 for a leasehold flat, with 1 bedrooms split across 388 square feet of gross internal area and has no outside space to £253,662 for a freehold house, with 3 bedrooms split across 764 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B97 4LW is £279/ft2.
Properties achieve a rental yield of between 5.9% and 6.8%, and rental values range from £630 to £1,238 per month.
Recent sales
within B97 4LW
The last sale was 21 Mar 2024 for £115,000 and since then the market in the area as increased by 1.1%. The postcode has had a total of 4 sales since 1995.
B97 4LW has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to B97 4LW
B97 4LW is the 797th largest and the 104th most expensive postcode out of the 927 postcodes in the B97 area.
Property types
in B97 4LW
B97 4LW is a residential postcode located on Minworth Close, Redditch, B97 with 17 houses and 23 flats within its bounds.
The most common property type in B97 4LW is a modern flat built after 1980.
Energy Efficiency
of properties within B97 4LW
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to B97 4LW
Public transport nearby
to B97 4LW
The closest station to B97 4LW is Redditch station which is 1.5 km away.
