Flat 2, Rilands Court, 43 Penns Lane, Sutton Coldfield, B72 1AY is a leasehold flat built between 1976-1982. The property offers approximately 581 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 £167,535 , which equates to approximately £288 per square foot. It was last sold on 4 Mar 2008 for £120,000. Since then, the value has increased by £47,535, representing a 39.6% increase, or approximately 2.2% per year.

The current estimated value of £167,535 is:

  • 59.6% lower than the average property price on Penns Lane
  • 34.9% lower than the average in the B72 1AY postcode area
  • and 62.0% lower than the average price for Sutton Coldfield as a whole

At the most recent EPC inspection on 29 August 2019, the property was recorded as owner-occupied.

View sold house prices in B72 1AY

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
581 sq ft
Tenure
Leasehold
Price (estimate)
£167,535
Price Per sq ft (estimate)
£288
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Rilands Court, 43 Penns Lane, Sutton Coldfield, Birmingham, West Midlands, B72 1AY has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Mar 2020.

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 29 Aug 2019, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 19.3%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric instantaneous at point of use to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was changed from low energy lighting in 75% of fixed outlets to low energy lighting in 86% of fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to B72 1AY

31 st / 45
Price Rank
35% lower than average
13 th / 24
Size Rank
25% smaller than average
21 st / 24
Price Per Sq FT Rank
13% lower than average

Compared to other properties in B72 1AY , this flat's estimated value ranks 31th out of 45. Based on price per square foot, it ranks 21th 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 13th out of 24 properties in its postcode area.

Sale History

Today
£167,535
streetscan.co.uk estimate
+40 %
4 Mar 2008
£120,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 581 sq ft
sale price: £117,000
sale date: 6 Jul 2017
rooms: 3
size: 581 sq ft
sale price: £119,000
sale date: 28 Nov 2016
rooms: 3
size: 570 sq ft
sale price: £132,500
sale date: 16 Nov 2016
rooms: 3
size: 581 sq ft
sale price: £129,500
sale date: 24 Aug 2015
rooms: 3
size: 581 sq ft
sale price: £135,000
sale date: 24 Oct 2014

Data Sources

The property at Flat 2, Rilands Court, 43 Penns Lane, Sutton Coldfield, Birmingham, West Midlands, B72 1AY appears once in the Land Registry records, with the transaction recorded on 4 Mar 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Mar 2020. 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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