Flat 1, 2B
Flat 1, 2B
Description & Estimates
The public record describes Flat 1, 2B, Reddings Lane, Birmingham as a modern apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 2B, Reddings Lane, Birmingham has an estimated sale value of £116,261 and an estimated rental value of £533 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2B, Reddings Lane, Tyseley, Birmingham, B11.
Reddings Lane, Tyseley, Birmingham, B11 lies in the borough of Birmingham, within the B11 postal district.
Our Data Sources
Flat 1, 2B, Reddings Lane, Birmingham has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2023.
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
In very good condition, we estimate Flat 1, 2B, Reddings Lane, Birmingham would be worth £122,074, with a potential rental value of £559 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £108,123, with a rental value of £495 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 Flat 1, 2B, Reddings Lane, Birmingham has grown by £602 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £4 (0.7%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 1, 2B, Reddings Lane, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 1, 2B, Reddings Lane, Birmingham last changed hands on 4th May 2006, selling for £21,176. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold May 2006£21,176
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of Flat 1, 2B, Reddings Lane, Birmingham across the last 2 years.
Most recently, Flat 5, 149, Medina Road, Birmingham, B11 3SB, a leasehold flat, sold at £118,000 on the 12th December 2024.
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 Flat 1, 2B, Reddings Lane, Birmingham as the 264th largest and the 261st most expensive of the 269 addresses on Reddings Lane, Tyseley, Birmingham, B11.
Against the B11 postcode district average, it is £80k less expensive than the typical property.
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Schools Nearby
- 200mThe Olive School, Birmingham
- 300mAl-Furqan Primary School
- 800mGreet Primary School
- 200mYardleys School
- 1.2kmArk Boulton Academy
- 1.6kmNinestiles, an Academy
More reading links
Public Transport Nearby
Tyseley station is the nearest stop to Flat 1, 2B, Reddings Lane, Birmingham at 600 metres away.
- 600mTyseley
- 1.1kmSpring Road
- 1.6kmSmall Heath
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
