Flat 6 106 Newman Way

    FLAT 6 106, NEWMAN WAY, REDNAL, BIRMINGHAM, B45 9LZ

    This flat/maisonette leasehold property on Newman Way last sold in December 2021 for £55,000. Based on price growth in the B45 district since then, its estimated current value is £57,924 — placing it in the 0th percentile nationally and the 0th percentile within B45. The property covers 24 m² (258 sq ft), giving an estimated value of £2,414 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    24 m²

    (258 sq ft)

    Last Sale Price

    £55,000

    Dec 2021

    Estimated Valuation

    £57,924

    Est. £/m²

    £2,414/m²

    £224/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentD
    EPC potentialD
    Floor area24 m² (258 sq ft)
    EPC dateAug 2019
    WallsTimber frame, as built, insulated (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    3 Dec 2021

    £55,000

    4 Dec 2006

    £56,000

    29 Jun 2004

    £52,250

    8 Feb 2002

    £26,000

    Key Metrics

    Estimated valuation£57,924
    Value per m² / sq ft£2,414/m² (£224/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B45 district percentile0th percentile
    National percentile0th 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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