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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
6, Rea Street, Birmingham is recorded publicly as a mid-century leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 6, Rea Street, Birmingham is £95,965 and its rental estimate is £472 per month, given the available information and assuming reasonable condition.
6, Rea Street is a residential building on Rea Street, Birmingham, B5 and falls within the B5 postal district and the borough of Birmingham.
6, Rea Street, Birmingham has 3 entries in the Land Registry , most recently in March 2009 and a single entry in the EPC database dated June 2019.
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.
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 6, Rea Street, Birmingham, we estimate a market value of £100,764 and a rental value of £496 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £89,248 and £439 per month respectively.
Over the last year, 6, Rea Street, Birmingham has seen its estimated sale value fall by £5,963 (6.2%) and its estimated rental value move down by £5 per month (1.0%). This results in an estimated gross rental yield of 5.9%.
6, Rea Street, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of 6, Rea Street, Birmingham completed on 30th March 2009 at £140,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 5.6% over the period since March 2009.
Over the past 2 years 2 properties similar to 6, Rea Street, Birmingham have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th August 2021, was 3B, Rea Street, Birmingham, B5 6HA, a leasehold flat which sold for £188,000.
Read more about house prices in B5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on Rea Street, Birmingham, B5, 6, Rea Street, Birmingham comes out as the 12th largest and the 15th most expensive in our analysis of the public data.
It is also £85k less expensive than the average property across the B5 district.
From 6, Rea Street, Birmingham, the nearest station is Birmingham Moor Street, 500 metres 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 medium, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Rea Street, Birmingham, % of property is and % is .
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 6, Rea Street, Birmingham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 6, Rea Street, Birmingham, 0.0% 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 6, Rea Street, Birmingham, there are an average of 0.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
