156 Rea Road, Northfield, Birmingham, B31 2PW is a leasehold semi-detached property built between 2007-2011. The property offers approximately 883 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £119,752 , which equates to approximately £136 per square foot. It was last sold on 21 Dec 2023 for £115,000. Since then, the value has increased by £4,752, representing a 4.1% increase, or approximately 2.1% per year.

The current estimated value of £119,752 is:

  • 50.0% lower than the average property price on Rea Road
  • 31.5% lower than the average in the B31 2PW postcode area
  • and 58.9% lower than the average price for Birmingham as a whole

View sold house prices in B31 2PW

Building approximate location

About Property

Type
Semi-Detached House
Built
2007-2011
Interior Size
883 sq ft
Tenure
Leasehold
Price (estimate)
£119,752
Price Per sq ft (estimate)
£136
Bedroom Count (estimate)
3 bedrooms

EPC Summary

156 Rea Road, Northfield, Birmingham, West Midlands, B31 2PW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Apr 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Dec 2009. The rating of C is unchanged, though the energy efficiency score decreased by 2.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.14 w/m?k to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance 0.30 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 35% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B31 2PW

43 rd / 46
Price Rank
31% lower than average
8 th / 41
Size Rank
17% bigger than average
40 th / 41
Price Per Sq FT Rank
41% lower than average

Compared to other properties in B31 2PW , this house's estimated value ranks 43th out of 46. Based on price per square foot, it ranks 40th out of 41 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 41 properties in its postcode area.

Sale History

Today
£119,752
streetscan.co.uk estimate
+4 %
21 Dec 2023
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

65 Rea Road, Northfield, Birmingham, B31 2PQ
rooms: 4
size: 915 sq ft
sale price: £237,000
sale date: 7 Jul 2022
47 Rea Road, Northfield, Birmingham, B31 2PQ
rooms: 4
size: 990 sq ft
sale price: £263,000
sale date: 19 Oct 2021
67 Rea Road, Northfield, Birmingham, B31 2PQ
rooms: 5
size: 883 sq ft
sale price: £120,000
sale date: 29 Jun 2005
71 Rea Road, Northfield, Birmingham, B31 2PQ
rooms: 5
size: 936 sq ft
sale price: £120,000
sale date: 29 Jun 2005

Data Sources

The property at 156 Rea Road, Northfield, Birmingham, West Midlands, B31 2PW appears once in the Land Registry records, with the transaction recorded on 21 Dec 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Apr 2023. 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.
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