According to the public record, 49, Underwood Close, Redditch is a modern freehold house and with 1,227 ft2 of internal area and sits on a 398 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Underwood Close, Callow Hill, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
49, Underwood Close, Redditch has 2 entries in the Land Registry database, most recently in May 2021 and 2 entries in the EPC database, most recently in January 2021.
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 49 Underwood Close Redditch as £415,587 and the rental value as £1,499 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 49 Underwood Close Redditch has increased by £3,413 (0.8%) and its rental value has increased by £69 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 49, Underwood Close, Redditch is in very good condition we estimate a sale value of £436,366 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,496 and a rental value of £1,394 per month.
If you were able to purchase this property for the estimated value of £415,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,042 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, 49, Underwood Close, Redditch sits on a plot of 398m2.
We have plot size data on 39 out of 89 other houses in the postcode and 49, Underwood Close, Redditch sits on the 16th largest plot.
According to HM Land Registry, 49, Underwood Close, Redditch was last sold on 28 May 2021 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Underwood Close, Redditch within a radius of 149m over the last 2 years.
The most recent example is 63, Underwood Close, Redditch, B97 5YS, a Freehold house which sold for £410,000 in May 2023.
Read more about house prices in B97.
Underwood Close, Callow Hill, Redditch, B97 has a total of 89 addresses. According to our analysis of all the public data, 49, Underwood Close, Redditch is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £108k more expensive than the average property in B97.
49, Underwood Close, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2021.
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 49, Underwood Close, Redditch is Redditch station which is 3.0 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 49, Underwood Close, Redditch, 53.4% of property is privately owned outright and 44.3% 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 49, Underwood Close, Redditch, 14.7% of residents are recorded as possessing school level qualifications and 40.4% 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 49, Underwood Close, 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 49, Underwood Close, Redditch, 2.8% 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 49, Underwood Close, Redditch, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.