Flat 4, 60B Rea Valley Drive, Birmingham, B31 3XE is a leasehold flat built between 1983-1990. The property offers approximately 258 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 £49,220 , which equates to approximately £191 per square foot. It was last sold on 23 Oct 2015 for £35,000. Since then, the value has increased by £14,220, representing a 40.6% increase, or approximately 4.0% per year.

The current estimated value of £49,220 is:

  • 77.6% lower than the average property price on Rea Valley Drive
  • 61.5% lower than the average in the B31 3XE postcode area
  • and 82.1% lower than the average price for Birmingham as a whole

View sold house prices in B31 3XE

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
258 sq ft
Tenure
Leasehold
Price (estimate)
£49,220
Price Per sq ft (estimate)
£191
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 60B Rea Valley Drive, Birmingham, West Midlands, B31 3XE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Jun 2019.

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 12 Dec 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 50%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff 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 timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to B31 3XE

34 th / 34
Price Rank
62% lower than average
27 th / 28
Size Rank
45% smaller than average
28 th / 28
Price Per Sq FT Rank
30% lower than average

Compared to other properties in B31 3XE , this flat's estimated value ranks 34th out of 34. Based on price per square foot, it ranks 28th out of 28 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 27th out of 28 properties in its postcode area.

Sale History

Today
£49,220
streetscan.co.uk estimate
+41 %
23 Oct 2015
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 8, 60B Rea Valley Drive, Birmingham, B31 3XE
rooms: 1
size: 263 sq ft
sale price: £54,000
sale date: 30 Jun 2020
Flat 2, 60B Rea Valley Drive, Birmingham, B31 3XE
rooms: 1
size: 258 sq ft
sale price: £50,000
sale date: 4 Jul 2019
Flat 1, 60B Rea Valley Drive, Birmingham, B31 3XE
rooms: 1
size: 268 sq ft
sale price: £58,000
sale date: 2 Mar 2007
Flat 5, 60B Rea Valley Drive, Birmingham, B31 3XE
rooms: 1
size: 269 sq ft
sale price: £46,950
sale date: 5 Dec 2003

Data Sources

The property at Flat 4, 60B Rea Valley Drive, Birmingham, West Midlands, B31 3XE appears once in the Land Registry records, with the transaction recorded on 23 Oct 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2019. 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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