Flat 2 60b Rea Valley Drive

    FLAT 2 60B, REA VALLEY DRIVE, BIRMINGHAM, B31 3XE

    This flat/maisonette leasehold property on Rea Valley Drive last sold in July 2019 for £50,000. Based on price growth in the B31 district since then, its estimated current value is £49,236 — placing it in the 0th percentile nationally and the 0th percentile within B31. The property covers 24 m² (258 sq ft), giving an estimated value of £2,052 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    24 m²

    (258 sq ft)

    Last Sale Price

    £50,000

    Jul 2019

    Estimated Valuation

    £49,236

    Est. £/m²

    £2,052/m²

    £191/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area24 m² (258 sq ft)
    EPC dateMay 2017
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    4 Jul 2019

    £50,000

    15 Mar 2002

    £30,000

    15 Aug 1997

    £18,500

    Key Metrics

    Estimated valuation£49,236
    Value per m² / sq ft£2,052/m² (£191/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile0th percentile
    National percentile0th 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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