501, Reddings Lane
501, Reddings Lane
Description & Estimates
Public records show 501, Reddings Lane, Birmingham to be a period leasehold house with 1,087 ft2 of internal area, sitting on a 227 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
501, Reddings Lane, Birmingham has an estimated sale value of £172,950 and an estimated rental value of £714 per month, assuming reasonable condition and based on the information available.
Reddings Lane, Tyseley, Birmingham, B11 lies in the borough of Birmingham, within the B11 postal district.
Our Data Sources
501, Reddings Lane, Birmingham has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated October 2012.
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.
Price Range & Condition
In very good condition, we estimate 501, Reddings Lane, Birmingham would be worth £181,597, with a potential rental value of £750 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,843, with a rental value of £664 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 501, Reddings Lane, Birmingham has grown by £3,027 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £14 (2.0%). The property's estimated gross yield is currently 5.0%.
Plot Size
501, Reddings Lane, Birmingham occupies a 227 m2 plot as recorded by HM Land Registry.
Of the 31 other houses in this postcode, 25 have recorded plot sizes, and this one ranks as the 19th largest.
Energy Efficiency
501, Reddings Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Oct 2012.
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
501, Reddings Lane, Birmingham last changed hands on 19th December 2012, selling for £130,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 44.2% since December 2012.
- Sold Dec 2012£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of 501, Reddings Lane, Birmingham across the last 2 years.
Most recently, 37, Bromyard Road, Birmingham, B11 3AZ, a freehold house, sold at £131,000 on the 20th May 2022.
Read more about house prices in B11.
•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 501, Reddings Lane, Birmingham as the 60th largest and the 234th most expensive of the 269 addresses on Reddings Lane, Tyseley, Birmingham, B11.
Against the B11 postcode district average, it is £23k less expensive than the typical property.
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Schools Nearby
- 400mYorkmead Junior and Infant School
- 500mAl-Furqan Primary School
- 600mThe Olive School, Birmingham
- 800mYardleys School
- 1.1kmNinestiles, an Academy
- 1.2kmMoseley School and Sixth Form
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Public Transport Nearby
Spring Road station is the nearest stop to 501, Reddings Lane, Birmingham at 700 metres away.
- 700mSpring Road
- 800mHall Green
- 1.3kmTyseley
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.
