According to the public record, 57, Southcrest Gardens, Redditch is a mid-century leasehold apartment and with 309 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Southcrest Gardens, Redditch, B97 is located in the borough of Redditch within the B97 postal district.
57, Southcrest Gardens, Redditch has 4 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated October 2010.
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 57 Southcrest Gardens Redditch as £90,266 and the rental value as £551 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 57 Southcrest Gardens Redditch has increased by £2,417 (2.7%) and its rental value has increased by £38 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 57, Southcrest Gardens, Redditch is in very good condition we estimate a sale value of £94,780 and rental value of £578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,948 and a rental value of £512 per month.
If you were able to purchase this property for the estimated value of £90,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £444 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 HM Land Registry, 57, Southcrest Gardens, Redditch was last sold on 01 Jul 2014 for £59,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2014, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Southcrest Gardens, Redditch within a radius of 96m over the last 2 years.
The most recent example is 24, Southcrest Gardens, Redditch, B97 4JN, a Leasehold flat which sold for £84,000 in Apr 2022.
Read more about house prices in B97.
Southcrest Gardens, Redditch, B97 has a total of 72 addresses. According to our analysis of all the public data, 57, Southcrest Gardens, Redditch is the 72nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in B97.
57, Southcrest Gardens, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2010.
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 57, Southcrest Gardens, Redditch is Redditch station which is 1.1 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 57, Southcrest Gardens, Redditch, 33.3% of property is privately owned with a mortgage and 27.6% is privately owned outright.
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 57, Southcrest Gardens, Redditch, 6.8% of residents are recorded as possessing school level qualifications and 14.8% 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 57, Southcrest Gardens, Redditch, the average age was 39.8 and the most common age was 37.
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 57, Southcrest Gardens, Redditch, 0.0% 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 57, Southcrest Gardens, Redditch, there are an average of 0.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.