Flat 5 76 Rednal Mill Drive

    FLAT 5 76, REDNAL MILL DRIVE, REDNAL, BIRMINGHAM, B45 8XY

    This flat/maisonette leasehold property on Rednal Mill Drive last sold in July 2023 for £67,000. Based on price growth in the B45 district since then, its estimated current value is £78,216 — placing it in the 1st percentile nationally and the 1st percentile within B45. The property covers 53 m² (570 sq ft), giving an estimated value of £1,476 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    53 m²

    (570 sq ft)

    Last Sale Price

    £67,000

    Jul 2023

    Estimated Valuation

    £78,216

    Est. £/m²

    £1,476/m²

    £137/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area53 m² (570 sq ft)
    EPC dateDec 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Jul 2023

    £67,000

    Key Metrics

    Estimated valuation£78,216
    Value per m² / sq ft£1,476/m² (£137/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile1st percentile
    National percentile1st 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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