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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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46, Reaside Drive, Birmingham is recorded publicly as a modern freehold house across 699 ft2 of internal area, sitting on a 257 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 46, Reaside Drive, Birmingham is £216,648 and its rental estimate is £1,215 per month, given the available information and assuming reasonable condition.
Reaside Drive, Rednal, Birmingham, B45 falls within the B45 postal district, in the borough of Birmingham.
46, Reaside Drive, Birmingham has 31 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated February 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 46, Reaside Drive, Birmingham, we estimate a market value of £227,480 and a rental value of £1,276 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,483 and £1,130 per month respectively.
Over the last year, 46, Reaside Drive, Birmingham has seen its estimated sale value move up by £1,935 (0.9%) and its estimated rental value increase by £55 per month (4.5%). This results in an estimated gross rental yield of 6.7%.
HM Land Registry records the plot of land for 46, Reaside Drive, Birmingham as measuring 257 m2.
That makes it the 5th largest plot in the postcode, where 20 of the 22 other houses have recorded plot data.
46, Reaside Drive, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Feb 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 46, Reaside Drive, Birmingham completed on 18th April 2019 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 31.6% over the period since April 2019.
Over the past 2 years 3 properties similar to 46, Reaside Drive, Birmingham have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2024, was 27, Westwood Drive, Birmingham, B45 9WF, a freehold house which sold for £217,000.
Read more about house prices in B45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 22 addresses on Reaside Drive, Rednal, Birmingham, B45, 46, Reaside Drive, Birmingham comes out as the 12th largest and the 14th most expensive in our analysis of the public data.
It is also £83k less expensive than the average property across the B45 district.
From 46, Reaside Drive, Birmingham, the nearest station is Longbridge, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 46, Reaside Drive, Birmingham, 49.2% of property is privately rented and 38.5% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 46, Reaside Drive, Birmingham, 16.7% of residents are recorded as possessing school level qualifications and 34.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 46, Reaside Drive, Birmingham, the average age was 38.8 and the most common age was 52.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 46, Reaside Drive, Birmingham, 0.8% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 46, Reaside Drive, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
