63 Banners Lane, Crabbs Cross, Redditch, B97 5NA is a leasehold semi-detached property built between 1991-1995. 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 £176,688 , which equates to approximately £400 per square foot. It was last sold on 31 Jan 2024 for £165,000. Since then, the value has increased by £11,688, representing a 7.1% increase, or approximately 3.8% per year.

The current estimated value of £176,688 is:

  • 11.7% lower than the average property price on Banners Lane
  • 5.8% lower than the average in the B97 5NA postcode area
  • and 40.7% lower than the average price for Redditch as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 July 2019, the property was recorded as owner-occupied.

View sold house prices in B97 5NA

Building approximate location

About Property

Type
Semi-Detached House
Built
1991-1995
Interior Size
441 sq ft
Tenure
Leasehold
Price (estimate)
£176,688
Price Per sq ft (estimate)
£400
Bedroom Count (estimate)
1 bedroom

EPC Summary

63 Banners Lane, Crabbs Cross, Redditch, Worcestershire, B97 5NA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Jul 2019.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Nov 2008, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 93.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, mains gas to room heaters, electric, improving energy efficiency from poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, insulated (assumed), improving energy efficiency from poor to good.
  • The wall construction or insulation changed from cavity wall, filled cavity to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B97 5NA

23 rd / 30
Price Rank
6% lower than average
22 nd / 26
Size Rank
31% smaller than average
5 th / 26
Price Per Sq FT Rank
37% higher than average

Compared to other properties in B97 5NA , this house's estimated value ranks 23th out of 30. Based on price per square foot, it ranks 5th out of 26 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 22th out of 26 properties in its postcode area.

Sale History

Today
£176,688
streetscan.co.uk estimate
+7 %
31 Jan 2024
£165,000
Leasehold
+79.3 %
31 Aug 2005
£92,000
Leasehold
+58.6 %
23 Nov 2001
£58,000
Leasehold
+28.9 %
6 Dec 1999
£45,000
Leasehold
+15.4 %
2 Apr 1997
£39,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 431 sq ft
sale price: £67,000
sale date: 29 Nov 2002

Data Sources

The property at 63 Banners Lane, Crabbs Cross, Redditch, B97 5NA appears five times in the Land Registry records, with the latest transaction recorded on 31 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jul 2019. 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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