78 Newman Way, Rednal, Birmingham, B45 9LZ is a leasehold flat built between 1983-1990. The property offers approximately 420 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 £100,954 , which equates to approximately £241 per square foot. It was last sold on 28 Jul 2014 for £65,500. Since then, the value has increased by £35,454, representing a 54.1% increase, or approximately 4.8% per year.

The current estimated value of £100,954 is:

  • 42.5% lower than the average property price on Newman Way
  • 4.9% lower than the average in the B45 9LZ postcode area
  • and 65.4% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 23 July 2024, 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
420 sq ft
Tenure
Leasehold
Price (estimate)
£100,954
Price Per sq ft (estimate)
£241
Bedroom Count (estimate)
1 bedroom

EPC Summary

78 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 23 Jul 2024.

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 Apr 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, off-peak to electric immersion, standard tariff, with its energy efficiency changing from average to 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).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very 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
Low energy lighting in all fixed outlets
Very Good

Compared to B45 9LZ

13 th / 27
Price Rank
5% lower than average
7 th / 22
Size Rank
1% bigger than average
14 th / 22
Price Per Sq FT Rank
6% lower than average

Compared to other properties in B45 9LZ , this flat's estimated value ranks 13th out of 27. Based on price per square foot, it ranks 14th out of 22 properties. In terms of size, this home ranks 7th out of 22 properties in its postcode area.

Sale History

Today
£100,954
streetscan.co.uk estimate
+54 %
28 Jul 2014
£65,500
Leasehold
-10.9 %
15 Jun 2005
£73,500
Leasehold
+53.1 %
4 Nov 2002
£48,000
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
74 Newman Way, Rednal, Birmingham, B45 9LZ
rooms: 2
size: 452 sq ft
sale price: £60,000
sale date: 9 Feb 2018
108A Newman Way, Rednal, Birmingham, B45 9LZ
rooms: 2
size: 398 sq ft
sale price: £79,950
sale date: 27 Aug 2004

Data Sources

The property at 78 Newman Way, Rednal, Birmingham, B45 9LZ appears three times in the Land Registry records, with the latest transaction recorded on 28 Jul 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jul 2024. 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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