Michaelwood Close, Webheath, Redditch
LA

Michaelwood Close, Webheath, Redditch

By Lamberts Sales and Lettings

£ 250,000

Reviews

3 out of 5 stars

Lamberts Sales and Lettings says ..

** OPEN DAY SUNDAY 2ND MARCH FROM 11AM, PLEASE CALL TO BOOK YOUR SLOT ** Sought After Webheath Location ** Walking Distance Of Local Schooling ** Ideal For First Time Buyer Or Downsizer ** Viewing is Highly Advised of this Very Well Presented Two Bedroom Semi-Detached House conveniently located i...

Property Oracle says ..

The property is located in Webheath, Redditch, which is in close proximity to several schools, including Our Lady Of Mount Carmel Catholic First School (0.22 KM) and Webheath Academy Primary School (0.53 KM), both of which have a good Ofsted rating. The nearby train station, Redditch, is only 3.23 KM away, providing convenient access to public transportation. The property itself appears to be in good condition based on the provided photos. The interior is well-maintained and modern, with updated fixtures and finishes. There is a garden present at the property which is a reasonable size. Considering the average price per square foot in the area is £292, and the property is listed at £250,000 with 521.08 sqft, this translates to a price per square foot of approximately £480. This is significantly higher than the average for the area. However, nearby comparable properties on Michaelwood Close have sold for prices ranging from £110,000 to £270,000. The lack of sqft data for these comparable properties makes a precise comparison difficult; however, the list price of £250,000 appears to be at the higher end of the price range for similar properties in the immediate vicinity. The property’s condition and the inclusion of a garden could justify a slightly higher price, but the significant difference from the average price per sqft suggests that the listed price may be somewhat ambitious.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
521.08
Lot (est)
602.78

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
502,500.00 £
Increased by 40.73 %
from 357,077.00 £
Est sale value
234,486.00 £
Increased by 89.08 %
from 124,017.04 £
Average area rental value
961.00 £/mo
Decreased by 1.13 %
from 972.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
2.29 %
Decreased by 29.97 %
from 3.27 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Lamberts Sales and Lettings created the listing.

Nearby Schools

NameTypeOfstedDistance
Our Lady Of Mount Carmel Catholic First SchoolAcademy ConverterGood0.22 KM
Webheath Academy Primary SchoolAcademy ConverterGood0.53 KM
Cherry Trees Children'S CentreChildren's Centre1.52 KM
Batchley First And Nursery SchoolCommunity SchoolGood1.55 KM
Pitcheroak SchoolCommunity Special SchoolGood1.69 KM

Images

Front View Lounge Kitchen/Diner Lounge Kitchen/Diner Master Bedroom Master Bedroom Bathroom Bedroom Two Rear Garden Rear View Lounge Rear Garden Side of property Kitchen/Diner Master Bedroom Front View

Nearby Streets

NameAverage PriceAverage SqftDistance
Lyndenwood £ 000.00 KM
Newgate Close £ 399,00000.00 KM
Churchview Court £ 000.00 KM
Bromsgrove Road £ 000.00 KM
Foxlydate Lane £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Redditch1208RDC3.23 KM
Alvechurch1198ALV5.38 KM
Barnt Green1096BTG7.33 KM
Bromsgrove4715BMV8.63 KM

Nearby Listings

AddressPriceTypeScoreDistance
Michaelwood Close, Redditch £ 242,000BUYUnknown0.00 KM
Michaelwood Close, Webheath, Redditch £ 290,000BUY8 / 100.06 KM
Michaelwood Close, Webheath, Redditch, B97 £ 250,000BUY6 / 100.07 KM
Reyde Close, Redditch, Worcestershire, B97 £ 220,000BUY7 / 100.08 KM
Sheepcroft Close, Redditch, B97 £ 230,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
8 Michaelwood Close £ 245,0000.01 KM
40 Michaelwood Close £ 155,0000.01 KM
12 Michaelwood Close £ 205,0000.01 KM
32 Michaelwood Close £ 80,0000.01 KM
11 Michaelwood Close £ 141,5500.01 KM