40 Rednal Mill Drive

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

    This flat/maisonette leasehold property on Rednal Mill Drive last sold in August 2003 for £64,950. Based on price growth in the B45 district since then, its estimated current value is £117,128 — placing it in the 6th percentile nationally and the 5th percentile within B45. The property covers 39 m² (420 sq ft), giving an estimated value of £3,003 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    39 m²

    (420 sq ft)

    Last Sale Price

    £64,950

    Aug 2003

    Estimated Valuation

    £117,128

    Est. £/m²

    £3,003/m²

    £279/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area39 m² (420 sq ft)
    EPC dateApr 2024
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Aug 2003

    £64,950

    14 Mar 2001

    £34,500

    Key Metrics

    Estimated valuation£117,128
    Value per m² / sq ft£3,003/m² (£279/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile5th percentile
    National percentile6th 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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