According to the public record, 345, Rednal Road, Birmingham is a early-century freehold house with 1,313 ft2 of internal area and sits on a 375 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rednal Road, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
345, Rednal Road, Birmingham has 2 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated February 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 345 Rednal Road Birmingham as £405,631 and the rental value as £1,321 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 345 Rednal Road Birmingham has increased by £13,554 (3.3%) and its rental value has increased by £24 per month (1.8%).
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 345, Rednal Road, Birmingham is in very good condition we estimate a sale value of £425,913 and rental value of £1,387 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,237 and a rental value of £1,229 per month.
If you were able to purchase this property for the estimated value of £405,631, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,994 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, 345, Rednal Road, Birmingham sits on a plot of 375m2.
We have plot size data on 8 out of 20 other houses in the postcode and 345, Rednal Road, Birmingham sits on the 6th largest plot.
According to HM Land Registry, 345, Rednal Road, Birmingham was last sold on 12 Mar 2020 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2020, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 345, Rednal Road, Birmingham within a radius of 550 metres over the last 2 years.
The most recent example is 217, Rednal Road, Birmingham, B38 8EA, a Freehold house which sold for £415,000 in May 2023.
Read more about house prices in B38.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rednal Road, Birmingham, B38 has a total of 270 addresses. According to our analysis of all the public data, 345, Rednal Road, Birmingham is the 75th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £170k more expensive than the average property in B38.
345, Rednal Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 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 345, Rednal Road, Birmingham is Northfield station which is 1.5 kilometres 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 345, Rednal Road, Birmingham, 43.1% of property is privately owned with a mortgage and 42.2% is privately owned outright.
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 345, Rednal Road, Birmingham, 17.2% of residents are recorded as possessing school level qualifications and 24.8% 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 345, Rednal Road, Birmingham, the average age was 42.6 and the most common age was 52.
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 345, Rednal Road, Birmingham, 0.6% 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 345, Rednal Road, Birmingham, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.