Apartment 10, 4 Rea Place, Birmingham, B12 0NP is a leasehold flat built between 2007-2011. The property offers approximately 743 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £212,471 , which equates to approximately £286 per square foot. It was last sold on 1 May 2018 for £172,000. Since then, the value has increased by £40,471, representing a 23.5% increase, or approximately 3.1% per year.

The current estimated value of £212,471 is:

  • 17.2% higher than the average property price on Rea Place
  • 23.2% higher than the average in the B12 0NP postcode area
  • and 27.1% lower than the average price for Birmingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 30 August 2022, the property was recorded as rented.

View sold house prices in B12 0NP

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
743 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£212,471
Price Per sq ft (estimate)
£286
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 10, 4 Rea Place, Birmingham, West Midlands, B12 0NP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Aug 2022.

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.

The previous EPC assessment was conducted on 6 Sep 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 9.4%.

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 energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to system built, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B12 0NP

4 th / 16
Price Rank
23% higher than average
4 th / 16
Size Rank
11% bigger than average
7 th / 16
Price Per Sq FT Rank
11% higher than average

Compared to other properties in B12 0NP , this flat's estimated value ranks 4th out of 16. Based on price per square foot, it ranks 7th out of 16 properties. In terms of size, this home ranks 4th out of 16 properties in its postcode area.

Sale History

Today
£212,471
streetscan.co.uk estimate
+24 %
1 May 2018
£172,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 17, 8 Rea Place, Birmingham, B12 0NP
rooms: 3
size: 753 sq ft
sale price: £245,000
sale date: 16 Feb 2024
Apartment 11, 6 Rea Place, Birmingham, B12 0NP
rooms: 3
size: 732 sq ft
sale price: £170,000
sale date: 26 Mar 2021
Apartment 9, 6 Rea Place, Birmingham, B12 0NP
rooms: 3
size: 743 sq ft
sale price: £167,000
sale date: 15 Jun 2018
Apartment 18, 6 Rea Place, Birmingham, B12 0NP
rooms: 3
size: 768 sq ft
sale price: £196,000
sale date: 22 Jun 2016
Apartment 14, 6 Rea Place, Birmingham, B12 0NP
rooms: 3
size: 689 sq ft
sale price: £46,000
sale date: 15 Jul 2015

Data Sources

The property at Apartment 10, 4 Rea Place, Birmingham, West Midlands, B12 0NP appears once in the Land Registry records, with the transaction recorded on 1 May 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2022. 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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