Flat 1 106 Newman Way

    FLAT 1 106, NEWMAN WAY, REDNAL, BIRMINGHAM, B45 9LZ

    This flat/maisonette leasehold property on Newman Way last sold in July 2020 for £52,000. Based on price growth in the B45 district since then, its estimated current value is £72,639 — placing it in the 1st percentile nationally and the 1st percentile within B45. The property covers 24 m² (258 sq ft), giving an estimated value of £3,027 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    24 m²

    (258 sq ft)

    Last Sale Price

    £52,000

    Jul 2020

    Estimated Valuation

    £72,639

    Est. £/m²

    £3,027/m²

    £281/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area24 m² (258 sq ft)
    EPC dateAug 2014
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    3 Jul 2020

    £52,000

    21 Jun 2002

    £27,000

    Key Metrics

    Estimated valuation£72,639
    Value per m² / sq ft£3,027/m² (£281/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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