31 Michaelwood Close, Redditch, B97 5YB is a leasehold terraced property built between 1983-1990. The property offers approximately 441 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £158,369 , which equates to approximately £359 per square foot. It was last sold on 28 Jul 2016 for £110,000. Since then, the value has increased by £48,369, representing a 44.0% increase, or approximately 4.7% per year.

The current estimated value of £158,369 is:

  • 33.7% lower than the average property price on Michaelwood Close
  • 29.2% lower than the average in the B97 5YB postcode area
  • and 48.2% lower than the average price for Redditch as a whole

At the most recent EPC inspection on 9 August 2021, the property was recorded as rented.

View sold house prices in B97 5YB

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
441 sq ft
Tenure
Leasehold
Price (estimate)
£158,369
Price Per sq ft (estimate)
£359
Bedroom Count (estimate)
1 bedroom

EPC Summary

31 Michaelwood Close, Redditch, Worcestershire, B97 5YB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Aug 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 10 May 2010, and the property received the same rating of C with an unchanged energy efficiency score of 71.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 100 mm loft insulation, improving energy efficiency from poor to average.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 83% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to B97 5YB

35 th / 40
Price Rank
29% lower than average
25 th / 29
Size Rank
28% smaller than average
9 th / 29
Price Per Sq FT Rank
1% lower than average

Compared to other properties in B97 5YB , this house's estimated value ranks 35th out of 40. Based on price per square foot, it ranks 9th out of 29 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 25th out of 29 properties in its postcode area.

Sale History

Today
£158,369
streetscan.co.uk estimate
+44 %
28 Jul 2016
£110,000
Leasehold
+26.4 %
19 Jun 2003
£87,000
Leasehold
+45.1 %
19 Oct 2001
£59,950
Leasehold
+59.9 %
17 Jan 1997
£37,500
Leasehold

Area Insights

Similar Properties Sold Nearby

26 Michaelwood Close, Redditch, B97 5YB
rooms: 3
size: 431 sq ft
sale price: £150,000
sale date: 1 Oct 2024
25 Michaelwood Close, Redditch, B97 5YB
rooms: 2
size: 441 sq ft
sale price: £119,950
sale date: 17 Mar 2016
32 Michaelwood Close, Redditch, B97 5YB
rooms: 1
size: 431 sq ft
sale price: £80,000
sale date: 22 Aug 2003

Data Sources

The property at 31 Michaelwood Close, Redditch, B97 5YB appears four times in the Land Registry records, with the latest transaction recorded on 28 Jul 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 2021. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑