Flat 8, 60B Rea Valley Drive, Birmingham, B31 3XE is a leasehold flat built between 1976-1982. The property offers approximately 263 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 £63,954 , which equates to approximately £248 per square foot. It was last sold on 30 Jun 2020 for £54,000. Since then, the value has increased by £9,954, representing a 18.4% increase, or approximately 3.4% per year.

The current estimated value of £63,954 is:

  • 70.8% lower than the average property price on Rea Valley Drive
  • 50.0% lower than the average in the B31 3XE postcode area
  • and 76.7% 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
1976-1982
Interior Size
263 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£63,954
Price Per sq ft (estimate)
£248
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 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 9 Jun 2011.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, limited insulation (assumed)
Poor
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to B31 3XE

30 th / 34
Price Rank
50% lower than average
28 th / 28
Size Rank
45% smaller than average
8 th / 28
Price Per Sq FT Rank
10% lower than average

Compared to other properties in B31 3XE , this flat's estimated value ranks 30th out of 34. Based on price per square foot, it ranks 8th out of 28 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 28th out of 28 properties in its postcode area.

Sale History

Today
£63,954
streetscan.co.uk estimate
+18 %
30 Jun 2020
£54,000
Leasehold
-6.1 %
24 Mar 2006
£57,500
Leasehold
+9.5 %
26 Nov 2004
£52,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 258 sq ft
sale price: £50,000
sale date: 4 Jul 2019
rooms: 1
size: 258 sq ft
sale price: £35,000
sale date: 23 Oct 2015
rooms: 1
size: 268 sq ft
sale price: £58,000
sale date: 2 Mar 2007
rooms: 1
size: 269 sq ft
sale price: £46,950
sale date: 5 Dec 2003

Data Sources

The property at Flat 8, 60B Rea Valley Drive, Birmingham, B31 3XE appears three times in the Land Registry records, with the latest transaction recorded on 30 Jun 2020. It also has a single Energy Performance Certificate (EPC) from 9 Jun 2011. 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.