According to the public record, 47, Priest Meadow Close, Redditch is a modern freehold house with 1,776 ft2 of internal area and sits on a 437 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Priest Meadow Close, Astwood Bank, Redditch, B96 is located in the borough of Redditch within the B96 postal district.
47, Priest Meadow Close, Redditch has 31 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated February 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 47 Priest Meadow Close Redditch as £516,693 and the rental value as £1,838 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 47 Priest Meadow Close Redditch has increased by £8,442 (1.6%) and its rental value has increased by £86 per month (4.7%).
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 47, Priest Meadow Close, Redditch is in very good condition we estimate a sale value of £542,528 and rental value of £1,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,525 and a rental value of £1,709 per month.
If you were able to purchase this property for the estimated value of £516,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,539 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, 47, Priest Meadow Close, Redditch sits on a plot of 437m2.
We have plot size data on 34 out of 63 other houses in the postcode and 47, Priest Meadow Close, Redditch sits on the 8th largest plot.
According to HM Land Registry, 47, Priest Meadow Close, Redditch was last sold on 31 Aug 2018 for £370,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2018, the market for similar properties has risen 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Priest Meadow Close, Redditch within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 55, Retreat Street, Redditch, B96 6AH, a Freehold house which sold for £520,000 in Jan 2022.
Read more about house prices in B96.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Priest Meadow Close, Astwood Bank, Redditch, B96 has a total of 83 addresses. According to our analysis of all the public data, 47, Priest Meadow Close, Redditch is the largest and the most expensive property on the street.
When compared to the postcode district it is £149k more expensive than the average property in B96.
47, Priest Meadow Close, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2018.
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 47, Priest Meadow Close, Redditch is Redditch station which is 5.1 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 47, Priest Meadow Close, Redditch, 41.5% of property is privately owned outright and 36.3% 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 47, Priest Meadow Close, Redditch, 19.2% of residents are recorded as possessing school level qualifications and 35.4% 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 47, Priest Meadow Close, Redditch, the average age was 44.4 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 47, Priest Meadow Close, Redditch, 1.8% 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 47, Priest Meadow Close, Redditch, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.