Flat 5 72 Newman Way

    FLAT 5 72, NEWMAN WAY, REDNAL, BIRMINGHAM, B45 9LZ

    This flat/maisonette leasehold property on Newman Way last sold in November 2002 for £28,500. Based on price growth in the B45 district since then, its estimated current value is £70,457 — placing it in the 1st percentile nationally and the 1st percentile within B45. The property covers 25 m² (269 sq ft), giving an estimated value of £2,818 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    25 m²

    (269 sq ft)

    Last Sale Price

    £28,500

    Nov 2002

    Estimated Valuation

    £70,457

    Est. £/m²

    £2,818/m²

    £262/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area25 m² (269 sq ft)
    EPC dateJun 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Nov 2002

    £28,500

    Key Metrics

    Estimated valuation£70,457
    Value per m² / sq ft£2,818/m² (£262/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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