According to the public record, 177, Heathfield Road, Redditch is a mid-century freehold house and with 882 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Heathfield Road, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
177, Heathfield Road, Redditch has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated December 2021.
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 reasonable condition, we estimate the current sale value for 177 Heathfield Road Redditch as £276,786 and the rental value as £1,288 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 177 Heathfield Road Redditch has increased by £8,133 (2.9%) and its rental value has increased by £93 per month (7.2%).
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 177, Heathfield Road, Redditch is in very good condition we estimate a sale value of £290,625 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,411 and a rental value of £1,198 per month.
If you were able to purchase this property for the estimated value of £276,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,360 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, 177, Heathfield Road, Redditch sits on a plot of 235m2.
We have plot size data on 15 out of 32 other houses in the postcode and 177, Heathfield Road, Redditch sits on the 8th largest plot.
According to HM Land Registry, 177, Heathfield Road, Redditch was last sold on 04 Aug 2023 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 177, Heathfield Road, Redditch within a radius of 333m over the last 2 years.
The most recent example is 58, Downsell Road, Redditch, B97 5RJ, a Freehold house which sold for £315,000 in Aug 2023.
Read more about house prices in B97.
Heathfield Road, Redditch, B97 has a total of 151 addresses. According to our analysis of all the public data, 177, Heathfield Road, Redditch is the 61st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in B97.
177, Heathfield Road, Redditch has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 177, Heathfield Road, Redditch is Redditch station which is 2.2 km 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 177, Heathfield Road, Redditch, 58.5% of property is privately owned outright and 29.3% 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 177, Heathfield Road, Redditch, 10.3% of residents are recorded as possessing school level qualifications and 26.9% 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 177, Heathfield Road, 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 177, Heathfield Road, Redditch, 0.0% 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 177, Heathfield Road, Redditch, there are an average of 1.6 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.