Flat 7 78 Rednal Mill Drive

    FLAT 7 78, REDNAL MILL DRIVE, REDNAL, BIRMINGHAM, B45 8XY

    This flat/maisonette leasehold property on Rednal Mill Drive last sold in June 2015 for £53,500. Based on price growth in the B45 district since then, its estimated current value is £88,681 — placing it in the 2nd percentile nationally and the 2nd percentile within B45. The property covers 26 m² (280 sq ft), giving an estimated value of £3,411 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    26 m²

    (280 sq ft)

    Last Sale Price

    £53,500

    Jun 2015

    Estimated Valuation

    £88,681

    Est. £/m²

    £3,411/m²

    £317/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area26 m² (280 sq ft)
    EPC dateJan 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 Jun 2015

    £53,500

    28 May 1999

    £22,500

    Key Metrics

    Estimated valuation£88,681
    Value per m² / sq ft£3,411/m² (£317/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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