Flat 1, 31
Flat 1, 31
Description & Estimates
Flat 1, 31, Redstone Farm Road, Birmingham is described in the public record as an early-century apartment with 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 31, Redstone Farm Road, Birmingham is £82,803 and its rental estimate is £623 per month, given the available information and assuming reasonable condition.
31, Redstone Farm Road is a residential building on Redstone Farm Road, Birmingham, B28 and falls within the B28 postal district and the borough of Birmingham.
Our Data Sources
Flat 1, 31, Redstone Farm Road, Birmingham has no records in the the Land Registry and a single entry in the EPC database dated July 2018.
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
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 Flat 1, 31, Redstone Farm Road, Birmingham, we estimate a market value of £86,943 and a rental value of £655 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,007 and £580 per month respectively.
Recent Market Change
Over the last year, Flat 1, 31, Redstone Farm Road, Birmingham has seen its estimated sale value drop by £770 (0.9%) and its estimated rental value rise by £12 per month (2.0%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
Flat 1, 31, Redstone Farm Road, Birmingham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jul 2018.
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
Over the past 2 years 2 properties similar to Flat 1, 31, Redstone Farm Road, Birmingham have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th April 2019, was 41, Lakefield Close, Birmingham, B28 8QZ, a leasehold flat which sold for £96,000.
Read more about house prices in B28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 144 addresses on Redstone Farm Road, Birmingham, B28, Flat 1, 31, Redstone Farm Road, Birmingham comes out as the 141st largest and the 142nd most expensive in our analysis of the public data.
It is also £219k less expensive than the average property across the B28 district.
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Schools Nearby
- 500mRobin Hood Academy
- 500mLakey Lane Primary School
- 700mSt Ambrose Barlow Catholic Primary School
- 1.0kmLangley School
- 1.3kmNinestiles, an Academy
- 1.6kmHall Green School
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Public Transport Nearby
From Flat 1, 31, Redstone Farm Road, Birmingham, the nearest station is Hall Green, 1.6 kilometres away.
- 1.6kmHall Green
- 1.8kmSpring Road
- 1.9kmOlton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
