Flat 8, 71 Rednal Mill Drive, Rednal, Birmingham, B45 8XZ is a leasehold flat built between 1983-1990. The property offers approximately 549 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 £124,941 , which equates to approximately £228 per square foot. It was last sold on 8 Mar 2024 for £118,000. Since then, the value has increased by £6,941, representing a 5.9% increase, or approximately 3.4% per year.

The current estimated value of £124,941 is:

  • 19.4% lower than the average property price on Rednal Mill Drive
  • 36.5% lower than the average in the B45 8XZ postcode area
  • and 57.1% lower than the average price for Birmingham as a whole

At the most recent EPC inspection on 14 August 2017, 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
549 sq ft
Tenure
Leasehold
Price (estimate)
£124,941
Price Per sq ft (estimate)
£228
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 71 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Aug 2017.

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.

The previous EPC assessment was conducted on 6 Sep 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 29% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to B45 8XZ

30 th / 33
Price Rank
36% lower than average
18 th / 24
Size Rank
16% smaller than average
21 st / 24
Price Per Sq FT Rank
24% lower than average

Compared to other properties in B45 8XZ , this flat's estimated value ranks 30th out of 33. Based on price per square foot, it ranks 21th 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 18th out of 24 properties in its postcode area.

Sale History

Today
£124,941
streetscan.co.uk estimate
+6 %
8 Mar 2024
£118,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 10, 71 Rednal Mill Drive, Rednal, Birmingham, B45 8XZ
rooms: 3
size: 560 sq ft
sale price: £80,000
sale date: 14 Nov 2011
Flat 12, 71 Rednal Mill Drive, Rednal, Birmingham, B45 8XZ
rooms: 3
size: 570 sq ft
sale price: £102,500
sale date: 23 Jun 2006
Flat 5, 76 Rednal Mill Drive, Rednal, Birmingham, B45 8XY
rooms: 3
size: 570 sq ft
sale price: £67,000
sale date: 28 Jul 2023
Flat 5, 84 Rednal Mill Drive, Rednal, Birmingham, B45 8XY
rooms: 3
size: 560 sq ft
sale price: £73,250
sale date: 28 Apr 2017
Flat 3, 84 Rednal Mill Drive, Rednal, Birmingham, B45 8XY
rooms: 3
size: 549 sq ft
sale price: £77,000
sale date: 21 Apr 2017

Data Sources

The property at Flat 8, 71 Rednal Mill Drive, Rednal, Birmingham, West Midlands, B45 8XZ appears once in the Land Registry records, with the transaction recorded on 8 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Aug 2017. 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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