48a Rea Valley Drive

    48A, REA VALLEY DRIVE, BIRMINGHAM, B31 3XE

    This flat/maisonette leasehold property on Rea Valley Drive last sold in December 2013 for £70,500. Based on price growth in the B31 district since then, its estimated current value is £119,094 — placing it in the 7th percentile nationally and the 8th percentile within B31. The property covers 38 m² (409 sq ft), giving an estimated value of £3,134 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    38 m²

    (409 sq ft)

    Last Sale Price

    £70,500

    Dec 2013

    Estimated Valuation

    £119,094

    Est. £/m²

    £3,134/m²

    £291/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area38 m² (409 sq ft)
    EPC dateMay 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Dec 2013

    £70,500

    10 May 2002

    £49,950

    5 Feb 1999

    £27,500

    Key Metrics

    Estimated valuation£119,094
    Value per m² / sq ft£3,134/m² (£291/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile8th percentile
    National percentile7th 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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