Flat 5 2c Reddings Lane

    FLAT 5 2C, REDDINGS LANE, TYSELEY, BIRMINGHAM, B11 3HB

    This flat/maisonette leasehold property on Reddings Lane last sold in November 2016 for £77,000. Based on price growth in the B11 district since then, its estimated current value is £77,506 — placing it in the 1st percentile nationally and the 2nd percentile within B11. The property covers 59 m² (635 sq ft), giving an estimated value of £1,314 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £77,000

    Nov 2016

    Estimated Valuation

    £77,506

    Est. £/sq ft

    £122/sq ft

    £1,314/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialD
    Floor area635 sq ft (59 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    4 Nov 2016

    £77,000

    31 Mar 2006

    New build

    £112,337

    Key Metrics

    Estimated valuation£77,506
    Value per sq ft / m²£122/sq ft (£1,314/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B11 district percentile2nd percentile
    National percentile1st 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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