Flat 2 106 Newman Way

    FLAT 2 106, NEWMAN WAY, REDNAL, BIRMINGHAM, B45 9LZ

    This flat/maisonette leasehold property on Newman Way last sold in June 2008 for £61,000. Based on price growth in the B45 district since then, its estimated current value is £93,461 — placing it in the 3rd percentile nationally and the 3rd percentile within B45. The property covers 25 m² (269 sq ft), giving an estimated value of £3,738 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    25 m²

    (269 sq ft)

    Last Sale Price

    £61,000

    Jun 2008

    Estimated Valuation

    £93,461

    Est. £/m²

    £3,738/m²

    £347/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms1
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialC
    Floor area25 m² (269 sq ft)
    EPC dateJul 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    13 Jun 2008

    £61,000

    Key Metrics

    Estimated valuation£93,461
    Value per m² / sq ft£3,738/m² (£347/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile3rd percentile
    National percentile3rd 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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