40 Rea Valley Drive

    40, REA VALLEY DRIVE, BIRMINGHAM, B31 3XE

    This semi-detached freehold property on Rea Valley Drive last sold in May 2021 for £193,000. Based on price growth in the B31 district since then, its estimated current value is £227,014 — placing it in the 31st percentile nationally and the 48th percentile within B31. The property covers 41 m² (441 sq ft), giving an estimated value of £5,537 per m². The EPC rating is C, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    41 m²

    (441 sq ft)

    Last Sale Price

    £193,000

    May 2021

    Estimated Valuation

    £227,014

    Est. £/m²

    £5,537/m²

    £514/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area41 m² (441 sq ft)
    EPC dateApr 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 May 2021

    £193,000

    9 Jun 2017

    £170,000

    29 Jun 2007

    £139,950

    25 Aug 2006

    £132,000

    18 Jan 2002

    £67,500

    Key Metrics

    Estimated valuation£227,014
    Value per m² / sq ft£5,537/m² (£514/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile48th percentile
    National percentile31st 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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