According to the public record, 2, Reddings Lane, Birmingham is a period freehold house with 688 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Reddings Lane, Tyseley, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
2, Reddings Lane, Birmingham has 21 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Reddings Lane Birmingham as £173,665 and the rental value as £864 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 2 Reddings Lane Birmingham has increased by £12,461 (7.2%) and its rental value has increased by £48 per month (5.5%).
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 2, Reddings Lane, Birmingham is in very good condition we estimate a sale value of £182,348 and rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,508 and a rental value of £804 per month.
If you were able to purchase this property for the estimated value of £173,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £854 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Reddings Lane, Birmingham sits on a plot of 114m2.
We have plot size data on 55 out of 73 other houses in the postcode and 2, Reddings Lane, Birmingham sits on the 13th largest plot.
According to HM Land Registry, 2, Reddings Lane, Birmingham was last sold on 11 Dec 2009 for £85,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 97.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Reddings Lane, Birmingham within a radius of 560 metres over the last 2 years.
The most recent example is 94, Medina Road, Birmingham, B11 3SB, a Freehold house which sold for £120,000 in May 2024.
Read more about house prices in B11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reddings Lane, Tyseley, Birmingham, B11 has a total of 270 addresses. According to our analysis of all the public data, 2, Reddings Lane, Birmingham is the 222nd largest and the 183rd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in B11.
2, Reddings Lane, Birmingham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Reddings Lane, Birmingham is Tyseley station which is 600 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 2, Reddings Lane, Birmingham, 39.9% of property is privately rented and 33.1% 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 2, Reddings Lane, Birmingham, 39.4% of residents are recorded as possessing school level qualifications and 25.5% 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 2, Reddings Lane, Birmingham, the average age was 30.5 and the most common age was 17.
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 2, Reddings Lane, 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 2, Reddings Lane, Birmingham, there are an average of 0.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.