Flat 4, 72 Newman Way, Rednal, Birmingham, B45 9LZ is a leasehold flat built between 1976-1982. The property offers approximately 269 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £84,608 , which equates to approximately £314 per square foot. It was last sold on 9 Dec 2005 for £58,000. Since then, the value has increased by £26,608, representing a 45.9% increase, or approximately 2.3% per year.

The current estimated value of £84,608 is:

  • 51.8% lower than the average property price on Newman Way
  • 20.3% lower than the average in the B45 9LZ postcode area
  • and 71.0% lower than the average price for Birmingham as a whole

View sold house prices in B45 9LZ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
269 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£84,608
Price Per sq ft (estimate)
£314
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 72 Newman Way, Rednal, Birmingham, West Midlands, B45 9LZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Apr 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have some double glazing.

The previous EPC assessment was conducted on 13 Feb 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 13.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100mm loft insulation to pitched, 150 mm loft insulation, improving energy efficiency from average to good.
  • The windows were upgraded from single glazed to some double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Some double glazing
Poor
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to B45 9LZ

17 th / 27
Price Rank
20% lower than average
13 th / 22
Size Rank
35% smaller than average
7 th / 22
Price Per Sq FT Rank
24% higher than average

Compared to other properties in B45 9LZ , this flat's estimated value ranks 17th out of 27. Based on price per square foot, it ranks 7th out of 22 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 13th out of 22 properties in its postcode area.

Sale History

Today
£84,608
streetscan.co.uk estimate
+46 %
9 Dec 2005
£58,000
Leasehold
+81.5 %
20 Sep 2002
£31,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 258 sq ft
sale price: £55,000
sale date: 3 Dec 2021
rooms: 1
size: 258 sq ft
sale price: £52,000
sale date: 3 Jul 2020
rooms: 1
size: 280 sq ft
sale price: £36,500
sale date: 7 Jan 2010
rooms: 1
size: 269 sq ft
sale price: £61,000
sale date: 13 Jun 2008
rooms: 2
size: 267 sq ft
sale price: £54,625
sale date: 22 Dec 2005

Data Sources

The property at Flat 4, 72 Newman Way, Rednal, Birmingham, B45 9LZ appears two times in the Land Registry records, with the latest transaction recorded on 9 Dec 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Apr 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.