24 Laurel Close, Redditch, B98 7EP is a leasehold flat built between 1967-1975. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £108,787 , which equates to approximately £174 per square foot. It was last sold on 10 Jan 2017 for £85,000. Since then, the value has increased by £23,787, representing a 28.0% increase, or approximately 3.1% per year.

The current estimated value of £108,787 is:

  • 10.2% lower than the average property price on Laurel Close
  • 12.6% lower than the average in the B98 7EP postcode area
  • and 64.4% lower than the average price for Redditch as a whole

Based on EPC inspection history, this property has been mostly rented (2 out of 3 inspections). This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 30 March 2022, the property was recorded as rented.

View sold house prices in B98 7EP

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£108,787
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 Laurel Close, Redditch, Worcestershire, B98 7EP has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 30 Mar 2022.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Mar 2022. The rating of F remains the same, but the energy efficiency score improved by 19.4%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Sale History

Today
£108,787
streetscan.co.uk estimate
+28 %
10 Jan 2017
£85,000
Leasehold
-5.6 %
7 Dec 2007
£90,000
Leasehold
+2.3 %
13 Oct 2006
£88,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £120,000
sale date: 30 Aug 2024

Data Sources

The property at 24 Laurel Close, Redditch, B98 7EP appears three times in the Land Registry records, with the latest transaction recorded on 10 Jan 2017. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Mar 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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