According to the public record, 4, Faxfleet Street, Redditch is a modern freehold house with 1,431 ft2 of internal area and sits on a 571 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Faxfleet Street, Webheath, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
4, Faxfleet Street, Redditch has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated November 2018.
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 4 Faxfleet Street Redditch as £449,161 and the rental value as £1,614 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 4 Faxfleet Street Redditch has increased by £2,739 (0.6%) and its rental value has increased by £75 per month (4.6%).
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 4, Faxfleet Street, Redditch is in very good condition we estimate a sale value of £471,619 and rental value of £1,694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,720 and a rental value of £1,501 per month.
If you were able to purchase this property for the estimated value of £449,161, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,207 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, 4, Faxfleet Street, Redditch sits on a plot of 571m2.
We have plot size data on 51 out of 52 other houses in the postcode and 4, Faxfleet Street, Redditch sits on the 7th largest plot.
According to HM Land Registry, 4, Faxfleet Street, Redditch was last sold on 29 Oct 2021 for £450,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Faxfleet Street, Redditch within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 22, Defford Close, Redditch, B97 5WR, a Freehold house which sold for £465,000 in Oct 2023.
Read more about house prices in B97.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faxfleet Street, Webheath, Redditch, B97 has a total of 52 addresses. According to our analysis of all the public data, 4, Faxfleet Street, Redditch is the largest and the 5th most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in B97.
4, Faxfleet Street, Redditch has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2018.
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 4, Faxfleet Street, Redditch is Redditch station which is 2.8 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 4, Faxfleet Street, 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 4, Faxfleet Street, 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 4, Faxfleet Street, 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 4, Faxfleet Street, 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 4, Faxfleet Street, 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.