Flat 1 Rilands Court, 43 Penns Lane

    FLAT 1 RILANDS COURT, 43, PENNS LANE, SUTTON COLDFIELD, B72 1AY

    This flat/maisonette leasehold property on Penns Lane last sold in July 2000 for £75,000. Based on price growth in the B72 district since then, its estimated current value is £206,174 — placing it in the 26th percentile nationally and the 17th percentile within B72. The property covers 55 m² (592 sq ft), giving an estimated value of £3,749 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £75,000

    Jul 2000

    Estimated Valuation

    £206,174

    Est. £/m²

    £3,749/m²

    £348/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area55 m² (592 sq ft)
    EPC dateMar 2020
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    14 Jul 2000

    £75,000

    30 Dec 1996

    New build

    £55,500

    Key Metrics

    Estimated valuation£206,174
    Value per m² / sq ft£3,749/m² (£348/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B72 district percentile17th percentile
    National percentile26th percentile

    District Context — B72

    B72 covers Sutton Coldfield and surrounding areas in north Birmingham. It is a predominantly affluent, established residential district with strong family appeal and a mature demographic profile.

    Average Property Price - B72

    £386,208

    64

    National percentile

    Average Net Household Income - B72

    £46,188

    79

    National percentile

    10-Year Annualised Price Growth - B72

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B72

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