6B, Rea Street
6B, Rea Street
Description & Estimates
According to the public record, 6B, Rea Street, Birmingham is a mid-century apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6B, Rea Street, Birmingham is £98,954 and the estimated rental value is £483 per month.
The apartment is within 6, Rea Street, Birmingham, B5.
Rea Street, Birmingham, B5 is located in the borough of Birmingham within the B5 postal district.
Our Data Sources
6B, Rea Street, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6B, Rea Street, Birmingham is in very good condition we estimate a sale value of £103,902 and a rental value of £507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,027 and a rental value of £449 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 6B, Rea Street, Birmingham has moved down by £6,149 (6.2%), while its estimated rental value has decreased by £5 per month (1.0%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
6B, Rea Street, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6B, Rea Street, Birmingham within a radius of 460 metres over the last 2 years.
The most recent example is 3B, Rea Street, Birmingham, B5 6HA, a leasehold flat which sold for £188,000 on the 6th August 2021.
Read more about house prices in B5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Rea Street, Birmingham, B5 has a total of 20 addresses. According to our analysis of all the public data, 6B, Rea Street, Birmingham is the 4th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in B5.
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Schools Nearby
- 800mSt Anne's Catholic Primary School
- 800mHarper Bell Seventh-day Adventist School
- 900mChandos Primary School
- 900mBirmingham Ormiston Academy
- 1.0kmArk St Alban's Academy
- 1.2kmBOA Digital Technologies Academy
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Public Transport Nearby
The closest station to 6B, Rea Street, Birmingham is Birmingham Moor Street station, which is 500 metres away.
- 500mBirmingham Moor Street
- 800mBirmingham New Street
- 800mBordesley
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
