8 Rednal Mill Drive

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

    This terraced leasehold property on Rednal Mill Drive last sold in April 2008 for £106,000. Based on price growth in the B45 district since then, its estimated current value is £198,025 — placing it in the 24th percentile nationally and the 27th percentile within B45. The property covers 41 m² (441 sq ft), giving an estimated value of £4,830 per m². The EPC rating is E, with a potential rating of A.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    41 m²

    (441 sq ft)

    Last Sale Price

    £106,000

    Apr 2008

    Estimated Valuation

    £198,025

    Est. £/m²

    £4,830/m²

    £449/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialA
    Floor area41 m² (441 sq ft)
    EPC dateAug 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    2 Apr 2008

    £106,000

    2 Apr 2008

    £106,000

    21 Jul 1999

    £30,000

    Key Metrics

    Estimated valuation£198,025
    Value per m² / sq ft£4,830/m² (£449/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile27th percentile
    National percentile24th 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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