Flat 6, 72 Newman Way, Rednal, Birmingham, B45 9LZ is a leasehold flat built between 1976-1982. The property offers approximately 280 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 £58,773 , which equates to approximately £210 per square foot. It was last sold on 7 Jan 2010 for £36,500. Since then, the value has increased by £22,273, representing a 61.0% increase, or approximately 3.8% per year.

The current estimated value of £58,773 is:

  • 66.5% lower than the average property price on Newman Way
  • 44.7% lower than the average in the B45 9LZ postcode area
  • and 79.8% lower than the average price for Birmingham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 May 2009, the property was recorded as owner-occupied.

View sold house prices in B45 9LZ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
280 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£58,773
Price Per sq ft (estimate)
£210
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, 72 Newman Way, Rednal, Birmingham, West Midlands, B45 9LZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 26 Aug 2020.

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 have partial double glazing.

The previous EPC assessment was conducted on 27 May 2009. The rating of E remains the same, but the energy efficiency score improved by 17.8%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from single glazed to partial double glazing.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to no low energy lighting, with efficiency changing from poor to very poor.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Partial double glazing
Poor
Lighting
No low energy lighting
Very Poor

Compared to B45 9LZ

25 th / 27
Price Rank
45% lower than average
12 th / 22
Size Rank
33% smaller than average
20 th / 22
Price Per Sq FT Rank
17% lower than average

Compared to other properties in B45 9LZ , this flat's estimated value ranks 25th out of 27. Based on price per square foot, it ranks 20th out of 22 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 12th out of 22 properties in its postcode area.

Sale History

Today
£58,773
streetscan.co.uk estimate
+61 %
7 Jan 2010
£36,500
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: 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
rooms: 1
size: 269 sq ft
sale price: £58,000
sale date: 9 Dec 2005

Data Sources

The property at Flat 6, 72 Newman Way, Rednal, Birmingham, West Midlands, B45 9LZ appears once in the Land Registry records, with the transaction recorded on 7 Jan 2010. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Aug 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.


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.