56 Rednal Mill Drive

    56, REDNAL MILL DRIVE, REDNAL, BIRMINGHAM, B45 8XY

    This flat/maisonette leasehold property on Rednal Mill Drive last sold in November 2023 for £73,000. Based on price growth in the B45 district since then, its estimated current value is £85,220 — placing it in the 2nd percentile nationally and the 2nd percentile within B45. The property covers 36 m² (388 sq ft), giving an estimated value of £2,367 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    36 m²

    (388 sq ft)

    Last Sale Price

    £73,000

    Nov 2023

    Estimated Valuation

    £85,220

    Est. £/m²

    £2,367/m²

    £220/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area36 m² (388 sq ft)
    EPC dateJun 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    22 Nov 2023

    £73,000

    22 Feb 2008

    £84,000

    12 Aug 2005

    £77,000

    4 Nov 2003

    £64,000

    Key Metrics

    Estimated valuation£85,220
    Value per m² / sq ft£2,367/m² (£220/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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