According to the public record, 24, Marsden Road, Redditch is a period house with 1,022 ft2 of internal area and sits on a 123 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Marsden Road, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
24, Marsden Road, Redditch has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 24 Marsden Road Redditch as £140,743 and the rental value as £685 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 24 Marsden Road Redditch has increased by £5,835 (4.1%) and its rental value has increased by £53 per month (7.7%).
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 24, Marsden Road, Redditch is in very good condition we estimate a sale value of £147,780 and rental value of £719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,891 and a rental value of £637 per month.
If you were able to purchase this property for the estimated value of £140,743, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £692 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, 24, Marsden Road, Redditch sits on a plot of 123m2.
We have plot size data on 24 out of 34 other houses in the postcode and 24, Marsden Road, Redditch sits on the 9th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Marsden Road, Redditch within a radius of 61m over the last 2 years.
The most recent example is 34, Marsden Road, Redditch, B98 7AY, a Freehold house which sold for £104,000 in Dec 2023.
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, 24, Marsden Road, Redditch is the 38th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in B98.
24, Marsden Road, Redditch has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Dec 2015.
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 24, 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 24, 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 24, 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 24, 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 24, 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 24, 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.