56 Rea Valley Drive

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

    This flat/maisonette leasehold property on Rea Valley Drive last sold in June 2001 for £37,950. Based on price growth in the B31 district since then, its estimated current value is £120,928 — placing it in the 7th percentile nationally and the 8th percentile within B31. The property covers 40 m² (431 sq ft), giving an estimated value of £3,023 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £37,950

    Jun 2001

    Estimated Valuation

    £120,928

    Est. £/m²

    £3,023/m²

    £281/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area40 m² (431 sq ft)
    EPC dateNov 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2001

    £37,950

    Key Metrics

    Estimated valuation£120,928
    Value per m² / sq ft£3,023/m² (£281/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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