74 Newman Way, Rednal, Birmingham, B45 9LZ is a leasehold flat built between 1983-1990. The property offers approximately 452 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 £74,027 , which equates to approximately £164 per square foot. It was last sold on 9 Feb 2018 for £60,000. Since then, the value has increased by £14,027, representing a 23.4% increase, or approximately 3.0% per year.

The current estimated value of £74,027 is:

  • 57.8% lower than the average property price on Newman Way
  • 30.3% lower than the average in the B45 9LZ postcode area
  • and 74.6% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 24 January 2018, the property was recorded as owner-occupied.

View sold house prices in B45 9LZ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
452 sq ft
Tenure
Leasehold
Price (estimate)
£74,027
Price Per sq ft (estimate)
£164
Bedroom Count (estimate)
1 bedroom

EPC Summary

74 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 24 Jan 2018.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to B45 9LZ

21 st / 27
Price Rank
30% lower than average
6 th / 22
Size Rank
8% bigger than average
22 nd / 22
Price Per Sq FT Rank
36% lower than average

Compared to other properties in B45 9LZ , this flat's estimated value ranks 21th out of 27. Based on price per square foot, it ranks 22th out of 22 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 6th out of 22 properties in its postcode area.

Sale History

Today
£74,027
streetscan.co.uk estimate
+23 %
9 Feb 2018
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

108 Newman Way, Rednal, Birmingham, B45 9LZ
rooms: 2
size: 409 sq ft
sale price: £87,000
sale date: 14 Aug 2020
78 Newman Way, Rednal, Birmingham, B45 9LZ
rooms: 2
size: 420 sq ft
sale price: £65,500
sale date: 28 Jul 2014
108A Newman Way, Rednal, Birmingham, B45 9LZ
rooms: 2
size: 398 sq ft
sale price: £79,950
sale date: 27 Aug 2004
71 Newman Way, Rednal, Birmingham, B45 9LU
rooms: 3
size: 483 sq ft
sale price: £107,000
sale date: 12 Dec 2006

Data Sources

The property at 74 Newman Way, Rednal, Birmingham, West Midlands, B45 9LZ appears once in the Land Registry records, with the transaction recorded on 9 Feb 2018. It also has a single Energy Performance Certificate (EPC) from 24 Jan 2018. 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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