29, Banners Lane, B97 5LS
29 Banners Lane is a 47 m² / 506 sq ft flat in Redditch. It sold for £110,000 in June 2019. Indexed forward to today's value, that sale is roughly £118k. Recent local prices imply a broad valuation context of £137k to £180k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Jun 2019 £110,000 * 5.2% 3.4% May 2011 £73,000 8.5% 6.0% May 2002 £35,000 2.2% 0.5% Mar 1998 £32,000 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 47 square metres (506 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,340 per square metre (£217 per square foot) in Jun 2019. Indexed forward to today's value, this is roughly £2,500 per square metre (£232 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Jun 2019 £110,000 £2,340 £117,517 £2,500 May 2011 £73,000 £1,553 £105,030 £2,235 May 2002 £35,000 £745 £72,651 £1,546 Mar 1998 £32,000 £681 £103,629 £2,205 Calculated using the latest EPC internal area of 47 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £117,517. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Redditch are now selling for between £2,920 and £3,830 per square metre (£271 and £355 per square foot). Based on an internal area of 47 m², this implies a valuation between £137,000 and £180,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 1
- Type
- Flat
- Council tax band
- A
- Title number
- HW89546
- Tenure
- Leasehold/other
- Title address
- 29 Banners Lane, Crabbs Cross, Redditch
- Owner
-
THE COUNCIL OF THE BOROUGH OF REDDITCH
Proprietor address: Town Hall, Walter Stranz Square, Redditch B98 8AH
Price paid on title: £110,000
Ownership record added to Land Registry's corporate ownership dataset 01 Jul 2019
- Summary:
- 10 August 2010 - energy performance certificate grade D
- Reason for EPC:
- None
- Tenure:
- Owner-occupied
- Property type:
- None , has 2 habitable rooms. Estimated year built 1976 to 1982
- Area:
- 47 sqm (506 square foot) total internal area
- Comments:
29 Banners Lane is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £117,517.
- Based on an internal area of 47 m² and recent prices in Redditch, this implies a lower and upper quartile range from £137,000 to £180,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.