54 Rea Valley Drive

    54, REA VALLEY DRIVE, BIRMINGHAM, BIRMINGHAM, B31 3XE

    This flat/maisonette leasehold property on Rea Valley Drive last sold in August 2006 for £88,250. Based on price growth in the B31 district since then, its estimated current value is £116,750 — placing it in the 6th percentile nationally and the 7th percentile within B31. The property covers 39 m² (420 sq ft), giving an estimated value of £2,994 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    39 m²

    (420 sq ft)

    Last Sale Price

    £88,250

    Aug 2006

    Estimated Valuation

    £116,750

    Est. £/m²

    £2,994/m²

    £278/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area39 m² (420 sq ft)
    EPC dateJun 2021
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2006

    £88,250

    28 Apr 2003

    £69,950

    1 Feb 2002

    £40,000

    27 Sept 2000

    £31,500

    Key Metrics

    Estimated valuation£116,750
    Value per m² / sq ft£2,994/m² (£278/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile7th percentile
    National percentile6th 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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