Flat 2, 71 Rednal Mill Drive, Rednal, Birmingham, B45 8XZ is a leasehold flat built between 1991-1995. The property offers approximately 463 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 £105,029 , which equates to approximately £227 per square foot. It was last sold on 30 Aug 2002 for £45,950. Since then, the value has increased by £59,079, representing a 128.6% increase, or approximately 5.5% per year.

The current estimated value of £105,029 is:

  • 32.3% lower than the average property price on Rednal Mill Drive
  • 46.6% lower than the average in the B45 8XZ postcode area
  • and 64.0% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 19 May 2022, the property was recorded as owner-occupied.

View sold house prices in B45 8XZ

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£105,029
Price Per sq ft (estimate)
£227
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 71 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 19 May 2022.

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

The previous EPC assessment was conducted on 15 Jun 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 7.4%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B45 8XZ

33 rd / 33
Price Rank
47% lower than average
22 nd / 24
Size Rank
29% smaller than average
22 nd / 24
Price Per Sq FT Rank
24% lower than average

Compared to other properties in B45 8XZ , this flat's estimated value ranks 33th out of 33. Based on price per square foot, it ranks 22th out of 24 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 22th out of 24 properties in its postcode area.

Sale History

Today
£105,029
streetscan.co.uk estimate
+129 %
30 Aug 2002
£45,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £65,000
sale date: 23 Nov 2012
rooms: 2
size: 484 sq ft
sale price: £79,950
sale date: 2 Sep 2004
rooms: 2
size: 431 sq ft
sale price: £77,000
sale date: 7 May 2021
rooms: 2
size: 431 sq ft
sale price: £84,500
sale date: 11 Jul 2017
rooms: 2
size: 452 sq ft
sale price: £54,000
sale date: 13 Jun 2013

Data Sources

The property at Flat 2, 71 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XZ appears once in the Land Registry records, with the transaction recorded on 30 Aug 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 May 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.


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