150, Rea Road
150, Rea Road
Description & Estimates
Public records show 150, Rea Road, Birmingham to be a modern leasehold house with 834 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
150, Rea Road, Birmingham has an estimated sale value of £250,436 and an estimated rental value of £820 per month, assuming reasonable condition and based on the information available.
Rea Road, Northfield, Birmingham, B31 lies in the borough of Birmingham, within the B31 postal district.
Our Data Sources
150, Rea Road, Birmingham has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated December 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 150, Rea Road, Birmingham would be worth £262,958, with a potential rental value of £861 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £232,905, with a rental value of £762 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 150, Rea Road, Birmingham has moved down by £795 (0.3%) over the last year. During the same period, its estimated monthly rental value has increased by £23 (2.8%). The property's estimated gross yield is currently 3.9%.
Energy Efficiency
150, Rea Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
150, Rea Road, Birmingham last changed hands on 31st August 2018, selling for £55,500. The transaction was logged as a leasehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 18.9% since August 2018.
- Sold Aug 2018£55,500
- Sold Apr 2011£44,850
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 150, Rea Road, Birmingham across the last 2 years.
Most recently, 60, Riverpark Way, Birmingham, B31 2GB, a freehold house, sold at £330,000 on the 18th September 2024.
Read more about house prices in B31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 150, Rea Road, Birmingham as the 53rd largest and the 52nd most expensive of the 106 addresses on Rea Road, Northfield, Birmingham, B31.
Against the B31 postcode district average, it is £20k more expensive than the typical property.
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Schools Nearby
- 300mThe Meadows Primary School
- 600mTurves Green Primary School
- 900mAlbert Bradbeer Primary Academy
- 600mKing Edward VI Northfield School for Girls
- 600mTurves Green Boys' School
- 1.9kmColmers School and Sixth Form College
More reading links
Public Transport Nearby
Longbridge station is the nearest stop to 150, Rea Road, Birmingham at 800 metres away.
- 800mLongbridge
- 1.0kmNorthfield
- 3.1kmKings Norton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
