Flat 5 60b Rea Valley Drive

    FLAT 5 60B, REA VALLEY DRIVE, BIRMINGHAM, BIRMINGHAM, B31 3XE

    This flat/maisonette leasehold property on Rea Valley Drive last sold in December 2003 for £46,950. Based on price growth in the B31 district since then, its estimated current value is £96,722 — placing it in the 3rd percentile nationally and the 4th percentile within B31. The property covers 25 m² (269 sq ft), giving an estimated value of £3,869 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    25 m²

    (269 sq ft)

    Last Sale Price

    £46,950

    Dec 2003

    Estimated Valuation

    £96,722

    Est. £/m²

    £3,869/m²

    £359/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentD
    EPC potentialC
    Floor area25 m² (269 sq ft)
    EPC dateMay 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    5 Dec 2003

    £46,950

    Key Metrics

    Estimated valuation£96,722
    Value per m² / sq ft£3,869/m² (£359/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile4th percentile
    National percentile3rd 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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