According to the public record, 2, Hopesay Close, Redditch is a modern freehold house with 645 ft2 of internal area and sits on a 236 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Hopesay Close, Webheath, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
2, Hopesay Close, Redditch has 2 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated November 2017.
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 Hopesay Close Redditch as £222,912 and the rental value as £1,136 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Hopesay Close Redditch has increased by £6,307 (2.8%) and its rental value has increased by £79 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 2, Hopesay Close, Redditch is in very good condition we estimate a sale value of £234,057 and rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,308 and a rental value of £1,056 per month.
If you were able to purchase this property for the estimated value of £222,912, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,096 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, Hopesay Close, Redditch sits on a plot of 236m2.
We have plot size data on 18 out of 18 other houses in the postcode and 2, Hopesay Close, Redditch sits on the 3rd largest plot.
According to HM Land Registry, 2, Hopesay Close, Redditch was last sold on 23 Apr 2021 for £217,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2021, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hopesay Close, Redditch within a radius of 930 metres over the last 2 years.
The most recent example is 17, Neighbrook Close, Redditch, B97 5YA, a Leasehold house which sold for £235,000 in Jun 2023.
Read more about house prices in B97.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hopesay Close, Webheath, Redditch, B97 has a total of 18 addresses. According to our analysis of all the public data, 2, Hopesay Close, Redditch is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in B97.
2, Hopesay Close, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Nov 2017.
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 2, Hopesay 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 2, Hopesay Close, Redditch, 51.6% of property is privately owned outright and 44.5% 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 2, Hopesay Close, Redditch, 19.0% of residents are recorded as possessing school level qualifications and 41.6% 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 2, Hopesay 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 2, Hopesay Close, Redditch, 1.1% 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, Hopesay Close, 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.