Rea Valley Drive, Birmingham, B31 is a residential street which is the 486th longest street in the B31 area.
It contains 124 residential addresses consisting of 49 houses, 30 flats and 45 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £258,733. Sales values have increased in the last 12 months by 4.1% and Rental values have increased by 2.9%.
Property sale values range from £63,399 for a studio leasehold flat of 258 square feet and has no outside space to £397,503 for a freehold house, with 4 bedrooms split across 1,442 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Rea Valley Drive, Birmingham, B31 is £308/ft2.
Properties achieve a rental yield of between 4% and 8.5%, and rental values range from £447 to £1,329 per month.
The last sale was 02 Aug 2023 for £215,000 and since then the market in the area has increased by 4.2%. The street has had a total of 4 sales since 1995.
Rea Valley Drive, Birmingham, B31 has seen 4 sales in the last three years and no sales in the last twelve months.
Rea Valley Drive, Birmingham, B31 is the 486th largest and the 377th most expensive street in the B31 area.
There are 6 postcodes on Rea Valley Drive, Birmingham, B31.
Rea Valley Drive, Birmingham, B31 is a residential street located in B31 containing 49 houses, 30 flats and 45 unknown.
The most common property type on Rea Valley Drive, Birmingham, B31 is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to Rea Valley Drive, Birmingham, B31 is Northfield station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Rea Valley Drive, Birmingham, B31, 49.6% of property is privately owned outright and 24.4% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 Rea Valley Drive, Birmingham, B31, 14.0% of residents are recorded as possessing school level qualifications and 26.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Rea Valley Drive, Birmingham, B31, the average age was 42.3 and the most common age was 57.
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 Rea Valley Drive, Birmingham, B31, 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 Rea Valley Drive, Birmingham, B31, there are an average of 1.2 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.