According to the public record, 18, Marsden Road, Redditch is a period freehold house and with 1,410 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Marsden Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
18, Marsden Road, Redditch has 21 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
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 18 Marsden Road Redditch as £168,090 and the rental value as £769 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 18 Marsden Road Redditch has increased by £5,679 (3.4%) and its rental value has increased by £53 per month (6.9%).
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 18, Marsden Road, Redditch is in very good condition we estimate a sale value of £176,495 and rental value of £807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,324 and a rental value of £715 per month.
If you were able to purchase this property for the estimated value of £168,090, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £826 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, 18, Marsden Road, Redditch sits on a plot of 152m2.
We have plot size data on 24 out of 34 other houses in the postcode and 18, Marsden Road, Redditch sits on the 3rd largest plot.
According to HM Land Registry, 18, Marsden Road, Redditch was last sold on 10 Jul 2007 for £90,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2007, the market for similar properties has risen 60.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Marsden Road, Redditch within a radius of 108m over the last 2 years.
The most recent example is 65, Marsden Road, Redditch, B98 7BL, a Freehold house which sold for £130,000 in Nov 2019.
Read more about house prices in B98.
Marsden Road, Redditch, B98 has a total of 78 addresses. According to our analysis of all the public data, 18, Marsden Road, Redditch is the 3rd largest and the 17th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in B98.
18, Marsden Road, Redditch has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jul 2016.
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 18, Marsden Road, Redditch is Redditch station which is 700 m 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 18, Marsden Road, Redditch, 62.6% of property is privately rented and 16.6% 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 18, Marsden Road, Redditch, 22.8% of residents are recorded as possessing school level qualifications and 19.6% 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 18, Marsden Road, Redditch, the average age was 35.8 and the most common age was 32.
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 18, Marsden Road, Redditch, 1.2% 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 18, Marsden Road, Redditch, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.