154, Rea Road
154, Rea Road
Description & Estimates
154, Rea Road, Birmingham is recorded publicly as a modern leasehold house across 834 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 154, Rea Road, Birmingham is £250,436 and its rental estimate is £820 per month, given the available information and assuming reasonable condition.
Rea Road, Northfield, Birmingham, B31 falls within the B31 postal district, in the borough of Birmingham.
Our Data Sources
154, Rea Road, Birmingham has a single entry in the Land Registry from March 2020 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 154, Rea Road, Birmingham, we estimate a market value of £262,958 and a rental value of £861 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £232,905 and £762 per month respectively.
Recent Market Change
Over the last year, 154, Rea Road, Birmingham has seen its estimated sale value fall by £795 (0.3%) and its estimated rental value move up by £23 per month (2.8%). This results in an estimated gross rental yield of 3.9%.
Energy Efficiency
154, 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
The most recent sale of 154, Rea Road, Birmingham completed on 20th March 2020 at £90,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 15.6% over the period since March 2020.
- Sold Mar 2020£90,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 154, Rea Road, Birmingham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th September 2024, was 60, Riverpark Way, Birmingham, B31 2GB, a freehold house which sold for £330,000.
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
Of the 106 addresses on Rea Road, Northfield, Birmingham, B31, 154, Rea Road, Birmingham comes out as the 51st largest and the 50th most expensive in our analysis of the public data.
It is also £20k more expensive than the average property across the B31 district.
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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
From 154, Rea Road, Birmingham, the nearest station is Longbridge, 800 metres away.
- 800mLongbridge
- 1.0kmNorthfield
- 3.1kmKings Norton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
