According to the public record, 2, Green Lane, Redditch is a modern freehold house and with 2,107 ft2 of internal area and sits on a 1,022 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Green Lane, Callow Hill, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
2, Green Lane, Redditch has a single entry in the Land Registry database from December 2007 and a single entry in the EPC database dated September 2010.
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 2 Green Lane Redditch as £821,698 and the rental value as £2,749 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Green Lane Redditch has increased by £931 (0.1%) and its rental value has increased by £107 per month (3.9%).
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 2, Green Lane, Redditch is in very good condition we estimate a sale value of £862,783 and rental value of £2,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £764,179 and a rental value of £2,557 per month.
If you were able to purchase this property for the estimated value of £821,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,038 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, 2, Green Lane, Redditch sits on a plot of 1022m2.
According to HM Land Registry, 2, Green Lane, Redditch was last sold on 21 Dec 2007 for £499,999 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 61.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Green Lane, Redditch within a radius of 1.0km over the last 2 years.
The most recent example is 1, Windmill Gardens, Redditch, B97 5YH, a Freehold house which sold for £675,000 in Apr 2019.
Read more about house prices in B97.
Green Lane, Callow Hill, Redditch, B97 has a total of 6 addresses. According to our analysis of all the public data, 2, Green Lane, Redditch is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £514k more expensive than the average property in B97.
2, Green Lane, Redditch has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 27 Sep 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an LPG fired boiler and radiators.
The closest station to 2, Green Lane, Redditch is Redditch station which is 3.5 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 2, Green Lane, Redditch, 50.8% of property is privately owned with a mortgage and 47.6% is privately owned outright.
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 2, Green Lane, Redditch, 15.4% of residents are recorded as possessing school level qualifications and 36.9% 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 2, Green Lane, Redditch, the average age was 43.7 and the most common age was 52.
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 2, Green Lane, Redditch, 1.5% 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 2, Green Lane, Redditch, there are an average of 2.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.