57 Rea Valley Drive

    57, REA VALLEY DRIVE, BIRMINGHAM, B31 3XU

    This detached freehold property on Rea Valley Drive last sold in October 2014 for £230,000. Based on price growth in the B31 district since then, its estimated current value is £402,626 — placing it in the 68th percentile nationally and the 92nd percentile within B31. The property covers 123 m² (1,324 sq ft), giving an estimated value of £3,273 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    123 m²

    (1,324 sq ft)

    Last Sale Price

    £230,000

    Oct 2014

    Estimated Valuation

    £402,626

    Est. £/m²

    £3,273/m²

    £304/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area123 m² (1,324 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Oct 2014

    £230,000

    2 Apr 2004

    £200,000

    Key Metrics

    Estimated valuation£402,626
    Value per m² / sq ft£3,273/m² (£304/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B31 district percentile92nd percentile
    National percentile68th 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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