Flat 12, 78 Rednal Mill Drive, Rednal, Birmingham, B45 8XY is a leasehold flat built between 1991-1995. The property offers approximately 269 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £67,967 , which equates to approximately £253 per square foot. It was last sold on 8 Jan 2024 for £65,000. Since then, the value has increased by £2,967, representing a 4.6% increase, or approximately 2.4% per year.

The current estimated value of £67,967 is:

  • 56.2% lower than the average property price on Rednal Mill Drive
  • 28.8% lower than the average in the B45 8XY postcode area
  • and 76.7% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 16 September 2023, the property was recorded as owner-occupied.

View sold house prices in B45 8XY

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
269 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£67,967
Price Per sq ft (estimate)
£253
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12, 78 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 16 Sep 2023.

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 10 Oct 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 23.4%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from electric immersion, off-peak to electric immersion, standard tariff, with no change in energy efficiency (very poor).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to B45 8XY

27 th / 62
Price Rank
29% lower than average
34 th / 51
Size Rank
31% smaller than average
8 th / 51
Price Per Sq FT Rank
3% higher than average

Compared to other properties in B45 8XY , this flat's estimated value ranks 27th out of 62. Based on price per square foot, it ranks 8th out of 51 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 34th out of 51 properties in its postcode area.

Sale History

Today
£67,967
streetscan.co.uk estimate
+5 %
8 Jan 2024
£65,000
Leasehold
+5.7 %
28 Feb 2020
£61,500
Leasehold
-5.4 %
2 Feb 2007
£65,000
Leasehold
-0.8 %
26 May 2005
£65,500
Leasehold
+184.8 %
23 Jun 1995
£23,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 258 sq ft
sale price: £67,000
sale date: 9 Aug 2024
rooms: 1
size: 258 sq ft
sale price: £44,000
sale date: 14 Nov 2023
rooms: 1
size: 280 sq ft
sale price: £67,000
sale date: 28 Jul 2023
rooms: 1
size: 248 sq ft
sale price: £53,500
sale date: 23 Mar 2023
rooms: 1
size: 269 sq ft
sale price: £64,000
sale date: 8 Dec 2021

Data Sources

The property at Flat 12, 78 Rednal Mill Drive, Rednal, Birmingham, B45 8XY appears five times in the Land Registry records, with the latest transaction recorded on 8 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 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.