Flat 7, 71 Rednal Mill Drive, Rednal, Birmingham, B45 8XZ is a leasehold flat built between 1983-1990. The property offers approximately 484 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 £123,414 , which equates to approximately £255 per square foot. It was last sold on 2 Sep 2004 for £79,950. Since then, the value has increased by £43,464, representing a 54.4% increase, or approximately 2.6% per year.

The current estimated value of £123,414 is:

  • 20.4% lower than the average property price on Rednal Mill Drive
  • 37.2% lower than the average in the B45 8XZ postcode area
  • and 57.7% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 10 June 2022, the property was recorded as owner-occupied.

View sold house prices in B45 8XZ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£123,414
Price Per sq ft (estimate)
£255
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 7, 71 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 10 Jun 2022.

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 2 Jun 2009. The rating of E remains the same, but the energy efficiency score improved by 20.9%.

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 poor to very poor.
  • The wall construction or insulation changed from system built, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor 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 8XZ

31 st / 33
Price Rank
37% lower than average
21 st / 24
Size Rank
26% smaller than average
19 th / 24
Price Per Sq FT Rank
15% lower than average

Compared to other properties in B45 8XZ , this flat's estimated value ranks 31th out of 33. Based on price per square foot, it ranks 19th 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 21th out of 24 properties in its postcode area.

Sale History

Today
£123,414
streetscan.co.uk estimate
+54 %
2 Sep 2004
£79,950
Leasehold
+33.3 %
28 Mar 2003
£60,000
Leasehold
+81.8 %
25 Aug 1999
£33,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 452 sq ft
sale price: £65,000
sale date: 23 Nov 2012
rooms: 2
size: 463 sq ft
sale price: £45,950
sale date: 30 Aug 2002
rooms: 2
size: 431 sq ft
sale price: £77,000
sale date: 7 May 2021
rooms: 2
size: 431 sq ft
sale price: £84,500
sale date: 11 Jul 2017
rooms: 3
size: 549 sq ft
sale price: £77,000
sale date: 21 Apr 2017

Data Sources

The property at Flat 7, 71 Rednal Mill Drive, Rednal, Birmingham, B45 8XZ appears three times in the Land Registry records, with the latest transaction recorded on 2 Sep 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Jun 2022. 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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