According to the public record, 15, Oakengates Close, Redditch is a modern freehold house with 1,270 ft2 of internal area and sits on a 285 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oakengates Close, Webheath, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
15, Oakengates Close, Redditch has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 15 Oakengates Close Redditch as £436,383 and the rental value as £1,531 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 15 Oakengates Close Redditch has increased by £2,661 (0.6%) and its rental value has increased by £71 per month (4.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Oakengates Close, Redditch is in very good condition we estimate a sale value of £458,203 and rental value of £1,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,837 and a rental value of £1,424 per month.
If you were able to purchase this property for the estimated value of £436,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,145 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 15, Oakengates Close, Redditch sits on a plot of 285m2.
We have plot size data on 15 out of 15 other houses in the postcode and 15, Oakengates Close, Redditch sits on the 9th largest plot.
According to HM Land Registry, 15, Oakengates Close, Redditch was last sold on 14 Nov 2019 for £379,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Oakengates Close, Redditch within a radius of 950 metres over the last 2 years.
The most recent example is 43, Fairfield Drive, Redditch, B97 5QF, a Freehold house which sold for £440,000 in Jun 2022.
Read more about house prices in B97.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakengates Close, Webheath, Redditch, B97 has a total of 15 addresses. According to our analysis of all the public data, 15, Oakengates Close, Redditch is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in B97.
15, Oakengates Close, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 15, Oakengates Close, Redditch is Redditch station which is 2.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Oakengates Close, Redditch, 34.2% of property is privately owned outright and 28.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15, Oakengates Close, Redditch, 12.0% of residents are recorded as possessing school level qualifications and 26.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Oakengates Close, Redditch, the average age was 43.5 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15, Oakengates Close, Redditch, 0.4% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15, Oakengates Close, Redditch, there are an average of 1.3 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.