115 Rea Valley Drive

    115, REA VALLEY DRIVE, BIRMINGHAM, B31 3XN

    This detached freehold property on Rea Valley Drive last sold in July 2020 for £195,000. Based on price growth in the B31 district since then, its estimated current value is £235,218 — placing it in the 34th percentile nationally and the 51st percentile within B31. The property covers 89 m² (958 sq ft), giving an estimated value of £2,643 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    89 m²

    (958 sq ft)

    Last Sale Price

    £195,000

    Jul 2020

    Estimated Valuation

    £235,218

    Est. £/m²

    £2,643/m²

    £246/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area89 m² (958 sq ft)
    EPC dateFeb 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2020

    £195,000

    1 Feb 2017

    £170,000

    Key Metrics

    Estimated valuation£235,218
    Value per m² / sq ft£2,643/m² (£246/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile51st percentile
    National percentile34th 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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