426, Rednal Road
426, Rednal Road
Description & Estimates
426, Rednal Road, Birmingham is described in the public record as a mid-century apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 426, Rednal Road, Birmingham is £116,506 and its rental estimate is £691 per month, given the available information and assuming reasonable condition.
Rednal Road, Birmingham, B38 falls within the B38 postal district, in the borough of Birmingham.
Our Data Sources
426, Rednal Road, Birmingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 426, Rednal Road, Birmingham, we estimate a market value of £122,332 and a rental value of £725 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £108,351 and £642 per month respectively.
Recent Market Change
Over the last year, 426, Rednal Road, Birmingham has seen its estimated sale value decline by £1,693 (1.5%) and its estimated rental value climb by £12 per month (1.7%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
426, Rednal Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Apr 2015.
The property is 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 426, Rednal Road, Birmingham completed on 3rd August 2006 at £79,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Aug 2006£79,950
- Sold Mar 2002£49,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 426, Rednal Road, Birmingham have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd May 2020, was Flat 6, 198, West Heath Road, Birmingham, B31 3AN, a leasehold flat which sold for £85,000.
Read more about house prices in B38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 268 addresses on Rednal Road, Birmingham, B38, 426, Rednal Road, Birmingham comes out as the 217th largest and the 262nd most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the B38 district.
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Schools Nearby
- 100mWest Heath Primary School
- 700mSt John Fisher Catholic Primary School
- 900mFairway Primary Academy
- 900mKing Edward VI Northfield School for Girls
- 1.0kmTurves Green Boys' School
- 1.3kmSt Thomas Aquinas Catholic School
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Public Transport Nearby
From 426, Rednal Road, Birmingham, the nearest station is Northfield, 1.2 kilometres away.
- 1.2kmNorthfield
- 1.8kmLongbridge
- 2.2kmKings Norton
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
