31, Banners Lane, B97 5LS

31 Banners Lane is a 47 m² / 506 sq ft flat in Redditch. It sold for £105,000 in July 2023. Indexed forward to today's value, that sale is roughly £103k. 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.

Property data
Sale history
£105,000 on Jul 2023

*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 £2,234 per square metre (£208 per square foot) in Jul 2023. Indexed forward to today's value, this is roughly £2,191 per square metre (£204 per square foot) .

Date Paid price Paid £/sqm Today's value Today's value £/sqm
Jul 2023 £105,000 £2,234 £102,967 £2,191

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 £102,967. 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
Company ownership
Title number
HW129688
Tenure
Leasehold/other
Title address
31 Banners Lane, Crabbs Cross, Redditch
Owner
RAINBOW INVESTMENTS (MIDLANDS) LIMITED (Company reference number: 12779460)
Proprietor address: Hyde House, 52 Bromsgrove Road, Redditch B97 4RJ
Price paid on title: £105,000
Ownership record added to Land Registry's corporate ownership dataset 01 Aug 2023
EPC Inspections
Summary:
01 March 2023 - energy performance certificate grade C
Certificate:
View energy certificate on GOV.UK
Reason for EPC:
marketed sale
Tenure:
Owner-occupied
Property type:
1st floor flat in an apartment block with 1 storeys , has 2 habitable rooms. Estimated year built 1976 to 1982
Area:
47 sqm (506 square foot) total internal area
Comments:
Walls: Cavity wall, as built, partial insulation (assumed). Roof: (another dwelling above). Heating: Boiler and radiators, mains gas.
Frequently asked questions

31 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 £102,967.
  • 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.

According to HM Land Registry price paid data, 31 Banners Lane last sold for £105,000 in July 2023.

HouseMetric shows 31 Banners Lane as 47 m² (506 sq ft), based on the latest internal area data available for this property. The bedroom count is shown as 1 bedroom. Bedroom numbers can come from a previous estate agency listing, an EPC record, or an estimate based on the size of the property.

The latest EPC rating shown by HouseMetric is C, from an inspection dated 01 March 2023. EPC information comes from the public Energy Performance Certificate data for England and Wales.

When we last checked, 31 Banners Lane was in council tax band A. Council Tax bands can change, so check the latest Valuation Office Agency Council Tax list.

31 Banners Lane is in postcode B97 5LS, in Redditch. You can also view HouseMetric's sold-price page for Banners Lane, B97 5LS or analysis of the Redditch property market.

HouseMetric combines HM Land Registry price paid data, Energy Performance Certificate data and Ordnance Survey/open data. The data were last updated 1 June 2026. Figures such as indexed values and local valuation ranges are calculated estimates for context, while official records can change as public datasets are updated.

For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.