Property investment stats for Redditch, West Midlands

• The area offers strong rental yields of 5.2%, which is especially attractive for buy-to-let investors seeking income.
• Properties are selling quickly, with an average of 31 days on market, pointing to high demand and good liquidity.
• The median asking rent for a 3-bedroom house of £1,245 and a 2-bedroom flat of £950 suggest competitive rental pricing compared to the sale prices of £290,000 and £142,500.

• The 1-year capital growth of -2.5% indicates that prices have changed recently, so short-term capital appreciation may be limited.
• The degree-educated and professional population percentiles are lower than average, which might affect the area's long-term economic prospects.
• Social rented housing is in the 75th percentile, which could influence neighbourhood dynamics and tenant profiles.

Looking ahead, Redditch’s affordability and strong rental yields should keep it on the radar for income-focused investors. The annualised growth over three years of 2.5% and a three-year capital growth of 7.7% suggest that, while the last year has seen prices change, the longer-term trend is still positive.

With properties typically selling at asking price and high demand reflected in quick sales, I expect liquidity to remain strong. The dominance of families and couples in the demographic mix should help underpin steady rental demand. Investors should keep an eye on the economic profile of the area, but the fundamentals look solid for those seeking yield and stability.