According to the public record, 81, Astley Close, Redditch is a mid-century leasehold apartment and with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 81, Astley Close, Redditch, B98.
Astley Close, Redditch, B98 is located in the borough of Redditch within the B98 postal district.
81, Astley Close, Redditch has a single entry in the Land Registry database from March 2016 and no records in the EPC database.
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 81 Astley Close Redditch as £81,575 and the rental value as £540 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 81 Astley Close Redditch has increased by £3,101 (3.8%) and its rental value has increased by £31 per month (5.7%).
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 81, Astley Close, Redditch is in very good condition we estimate a sale value of £85,654 and rental value of £567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,865 and a rental value of £502 per month.
If you were able to purchase this property for the estimated value of £81,575, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £401 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, 81, Astley Close, Redditch was last sold on 31 Mar 2016 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 32.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 39m radius of 81, Astley Close, Redditch over the last 2 years.
The most recent example is 68, Astley Close, Redditch, B98 7UA, a Leasehold flat which sold for £109,000 in May 2023.
Read more about house prices in B98.
Astley Close, Redditch, B98 has a total of 159 addresses. According to our analysis of all the public data, 81, Astley Close, Redditch is the 159th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in B98.
81, Astley Close, Redditch has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Jul 2019.
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 81, Astley 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 81, Astley Close, Redditch, 45.3% of property is socially rented and 23.7% 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 81, Astley Close, Redditch, 19.8% of residents are recorded as possessing school level qualifications and 15.7% 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 81, Astley Close, Redditch, the average age was 34.9 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 81, Astley Close, Redditch, 0.9% 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 81, Astley Close, Redditch, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.