Flat 5 106 Newman Way

    FLAT 5 106, NEWMAN WAY, REDNAL, BIRMINGHAM, B45 9LZ

    This flat/maisonette leasehold property on Newman Way last sold in October 2005 for £53,000. Based on price growth in the B45 district since then, its estimated current value is £87,547 — placing it in the 2nd percentile nationally and the 2nd percentile within B45. The property covers 25 m² (269 sq ft), giving an estimated value of £3,502 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

    £53,000

    Oct 2005

    Estimated Valuation

    £87,547

    Est. £/m²

    £3,502/m²

    £325/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area25 m² (269 sq ft)
    EPC dateApr 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    21 Oct 2005

    £53,000

    Key Metrics

    Estimated valuation£87,547
    Value per m² / sq ft£3,502/m² (£325/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

    More properties in B45

    Explore nearby