Flat 3, 76 Rednal Mill Drive, Rednal, Birmingham, B45 8XY is a leasehold flat built between 1983-1990. The property offers approximately 581 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 £125,412 , which equates to approximately £216 per square foot. It was last sold on 14 Oct 2010 for £80,000. Since then, the value has increased by £45,412, representing a 56.8% increase, or approximately 3.7% per year.

The current estimated value of £125,412 is:

  • 19.1% lower than the average property price on Rednal Mill Drive
  • 31.4% higher than the average in the B45 8XY postcode area
  • and 57.0% 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 25 May 2024, the property was recorded as rented.

View sold house prices in B45 8XY

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
581 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£125,412
Price Per sq ft (estimate)
£216
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 76 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 25 May 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 21 Aug 2013, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 17.6%.

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 poor to very poor.
  • 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 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
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 8XY

9 th / 62
Price Rank
31% higher than average
7 th / 51
Size Rank
50% bigger than average
37 th / 51
Price Per Sq FT Rank
12% lower than average

Compared to other properties in B45 8XY , this flat's estimated value ranks 9th out of 62. Based on price per square foot, it ranks 37th out of 51 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 7th out of 51 properties in its postcode area.

Sale History

Today
£125,412
streetscan.co.uk estimate
+57 %
14 Oct 2010
£80,000
Leasehold
-17.9 %
24 Sep 2004
£97,500
Leasehold
+182.6 %
30 May 1996
£34,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 570 sq ft
sale price: £67,000
sale date: 28 Jul 2023
rooms: 2
size: 560 sq ft
sale price: £60,000
sale date: 15 Jun 2022
rooms: 3
size: 560 sq ft
sale price: £73,250
sale date: 28 Apr 2017
rooms: 3
size: 549 sq ft
sale price: £77,000
sale date: 21 Apr 2017
rooms: 3
size: 570 sq ft
sale price: £77,000
sale date: 19 Aug 2016

Data Sources

The property at Flat 3, 76 Rednal Mill Drive, Rednal, Birmingham, B45 8XY appears three times in the Land Registry records, with the latest transaction recorded on 14 Oct 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 25 May 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.