Flat 1 2a Reddings Lane

    FLAT 1 2A, REDDINGS LANE, TYSELEY, BIRMINGHAM, B11 3HB

    This flat/maisonette leasehold property on Reddings Lane last sold in January 2019 for £75,000. Based on price growth in the B11 district since then, its estimated current value is £82,855 — placing it in the 2nd percentile nationally and the 2nd percentile within B11. The property covers 56 m² (603 sq ft), giving an estimated value of £1,480 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £75,000

    Jan 2019

    Estimated Valuation

    £82,855

    Est. £/sq ft

    £137/sq ft

    £1,480/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    30 Jan 2019

    £75,000

    Key Metrics

    Estimated valuation£82,855
    Value per sq ft / m²£137/sq ft (£1,480/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B11 district percentile2nd percentile
    National percentile2nd percentile

    District Context — B11

    B11 covers parts of inner Birmingham, situated in the heart of the city. It is a densely populated area with a diverse community and a strong rental market presence.

    Average Property Price - B11

    £200,556

    12

    National percentile

    Average Net Household Income - B11

    £21,549

    2

    National percentile

    10-Year Annualised Price Growth - B11

    5.5%

    94

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B11

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