Flat 1 87 Redhill Road

    FLAT 1 87, REDHILL ROAD, NORTHFIELD, BIRMINGHAM, B31 3JS

    This flat/maisonette leasehold property on Redhill Road last sold in October 2020 for £142,500. Based on price growth in the B31 district since then, its estimated current value is £147,902 — placing it in the 12th percentile nationally and the 14th percentile within B31. The property covers 57 m² (614 sq ft), giving an estimated value of £2,595 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    57 m²

    (614 sq ft)

    Last Sale Price

    £142,500

    Oct 2020

    Estimated Valuation

    £147,902

    Est. £/m²

    £2,595/m²

    £241/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area57 m² (614 sq ft)
    EPC dateApr 2020
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Oct 2020

    New build

    £142,500

    Key Metrics

    Estimated valuation£147,902
    Value per m² / sq ft£2,595/m² (£241/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile14th percentile
    National percentile12th percentile

    District Context — B31

    B31 covers neighbourhoods in south Birmingham, forming part of the wider south-west urban area. The district has a notably young population profile and a significant proportion of social housing, reflecting its character as an established residential community.

    Average Property Price - B31

    £249,023

    27

    National percentile

    Average Net Household Income - B31

    £36,597

    41

    National percentile

    10-Year Annualised Price Growth - B31

    4.7%

    85

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B31

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