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Postcode Overview
of B97 4LZ
B97 4LZ is a residential postcode located on Birchfield Road, Redditch, B97. It is the 485th largest postcode in the B97 area.
It contains 16 residential addresses consisting of 14 houses and 2 flats and the most common type of property is a early-century house built between 1912 and 1935.
Average property prices
in B97 4LZ
The average house value is £402,588. Sales values have increased in the last 12 months by 0.8% and Rental values have increased by 5.0%.
Property sale values range from £133,908 for a leasehold flat, with 2 bedrooms split across 514 square feet of gross internal area and has no outside space to £513,181 for a freehold house, with 5 bedrooms split across 2,156 square feet of gross internal area and has a garden.
Average £/ft2 for properties in B97 4LZ is £268/ft2.
Properties achieve a rental yield of between 4.6% and 6.5%, and rental values range from £728 to £2,009 per month.
Recent sales
within B97 4LZ
The last sale was 24 Mar 2023 for £420,000 and since then the market in the area as increased by 2%. The postcode has had a total of 4 sales since 1995.
B97 4LZ has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to B97 4LZ
B97 4LZ is the 485th largest and the 649th most expensive postcode out of the 927 postcodes in the B97 area.
Property types
in B97 4LZ
B97 4LZ is a residential postcode located on Birchfield Road, Redditch, B97 with 14 houses and 2 flats within its bounds.
The most common property type in B97 4LZ is a early-century house built between 1912 and 1935.
Energy Efficiency
of properties within B97 4LZ
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to B97 4LZ
Public transport nearby
to B97 4LZ
The closest station to B97 4LZ is Redditch station which is 1.5 km away.
