Flat 8 71 Rednal Mill Drive

    FLAT 8 71, REDNAL MILL DRIVE, REDNAL, BIRMINGHAM, B45 8XZ

    This flat/maisonette leasehold property on Rednal Mill Drive last sold in March 2024 for £118,000. Based on price growth in the B45 district since then, its estimated current value is £143,821 — placing it in the 11th percentile nationally and the 9th percentile within B45. The property covers 51 m² (549 sq ft), giving an estimated value of £2,820 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    51 m²

    (549 sq ft)

    Last Sale Price

    £118,000

    Mar 2024

    Estimated Valuation

    £143,821

    Est. £/m²

    £2,820/m²

    £262/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area51 m² (549 sq ft)
    EPC dateAug 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    8 Mar 2024

    £118,000

    Key Metrics

    Estimated valuation£143,821
    Value per m² / sq ft£2,820/m² (£262/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile9th percentile
    National percentile11th 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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