108 Newman Way, Rednal, Birmingham, B45 9LZ is a leasehold flat built between 1983-1990. The property offers approximately 409 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £104,900 , which equates to approximately £257 per square foot. It was last sold on 14 Aug 2020 for £87,000. Since then, the value has increased by £17,900, representing a 20.6% increase, or approximately 3.9% per year.

The current estimated value of £104,900 is:

  • 40.2% lower than the average property price on Newman Way
  • 1.2% lower than the average in the B45 9LZ postcode area
  • and 64.0% lower than the average price for Birmingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 30 September 2019, the property was recorded as owner-occupied.

View sold house prices in B45 9LZ

Building approximate location

About Property

Type
Terraced Maisonette
Built
1983-1990
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£104,900
Price Per sq ft (estimate)
£257
Bedroom Count (estimate)
1 bedroom

EPC Summary

108 Newman Way, Rednal, Birmingham, West Midlands, B45 9LZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Sep 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Jun 2017. The rating of D is unchanged, though the energy efficiency score decreased by 17.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to B45 9LZ

12 th / 27
Price Rank
1% lower than average
10 th / 22
Size Rank
2% smaller than average
13 th / 22
Price Per Sq FT Rank
1% higher than average

Compared to other properties in B45 9LZ , this maisonette's estimated value ranks 12th out of 27. Based on price per square foot, it ranks 13th out of 22 properties. In terms of size, this home ranks 10th out of 22 properties in its postcode area.

Sale History

Today
£104,900
streetscan.co.uk estimate
+21 %
14 Aug 2020
£87,000
Leasehold
-0.6 %
26 Oct 2017
£87,500
Leasehold
+48.3 %
1 Aug 2003
£59,000
Leasehold
+47.5 %
9 Nov 2001
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £60,000
sale date: 9 Feb 2018
rooms: 2
size: 420 sq ft
sale price: £65,500
sale date: 28 Jul 2014
rooms: 2
size: 398 sq ft
sale price: £79,950
sale date: 27 Aug 2004

Data Sources

The property at 108 Newman Way, Rednal, Birmingham, B45 9LZ appears four times in the Land Registry records, with the latest transaction recorded on 14 Aug 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Sep 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.