50 Rednal Mill Drive

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

    This flat/maisonette leasehold property on Rednal Mill Drive last sold in July 2017 for £84,500. Based on price growth in the B45 district since then, its estimated current value is £87,007 — placing it in the 2nd percentile nationally and the 2nd percentile within B45. The property covers 40 m² (431 sq ft), giving an estimated value of £2,175 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £84,500

    Jul 2017

    Estimated Valuation

    £87,007

    Est. £/m²

    £2,175/m²

    £202/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area40 m² (431 sq ft)
    EPC dateAug 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Jul 2017

    £84,500

    14 Mar 2006

    £73,000

    30 Jun 2000

    £33,000

    Key Metrics

    Estimated valuation£87,007
    Value per m² / sq ft£2,175/m² (£202/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile2nd percentile
    National percentile2nd 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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