38 Rednal Mill Drive

    38, REDNAL MILL DRIVE, REDNAL, BIRMINGHAM, B45 8XX

    This terraced leasehold property on Rednal Mill Drive last sold in November 2005 for £76,000. Based on price growth in the B45 district since then, its estimated current value is £140,866 — placing it in the 11th percentile nationally and the 8th percentile within B45. The property covers 36 m² (388 sq ft), giving an estimated value of £3,913 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    36 m²

    (388 sq ft)

    Last Sale Price

    £76,000

    Nov 2005

    Estimated Valuation

    £140,866

    Est. £/m²

    £3,913/m²

    £364/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area36 m² (388 sq ft)
    EPC dateSept 2019
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    29 Nov 2005

    £76,000

    26 Feb 2004

    £68,500

    2 Aug 2002

    £44,000

    Key Metrics

    Estimated valuation£140,866
    Value per m² / sq ft£3,913/m² (£364/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile8th percentile
    National percentile11th percentile

    District Context — B45

    B45 covers parts of the Birmingham metropolitan area in the West Midlands. It is a mixed residential and suburban locality with a diverse community.

    Average Property Price - B45

    £324,259

    50

    National percentile

    Average Net Household Income - B45

    £40,450

    60

    National percentile

    10-Year Annualised Price Growth - B45

    3.8%

    60

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B45

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