According to the public record, 383, Reddings Lane, Birmingham is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 577 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Reddings Lane, Tyseley, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
383, Reddings Lane, Birmingham has 21 entries in the Land Registry database, most recently in December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 383 Reddings Lane Birmingham as £180,225 and the rental value as £814 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 383 Reddings Lane Birmingham has increased by £8,898 (4.9%) and its rental value has increased by £27 per month (3.3%).
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 383, Reddings Lane, Birmingham is in very good condition we estimate a sale value of £189,236 and rental value of £855 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,609 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £180,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £886 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 HM Land Registry, 383, Reddings Lane, Birmingham was last sold on 01 Dec 2017 for £65,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has risen 42.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 383, Reddings Lane, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is 13, Matlock Road, Birmingham, B11 3JA, a Freehold house which sold for £152,500 in Jul 2021.
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, 383, Reddings Lane, Birmingham is the 245th largest and the 155th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in B11.
The closest station to 383, Reddings Lane, Birmingham is Spring Road station which is 700 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 383, Reddings Lane, Birmingham, 46.9% of property is privately rented and 21.5% 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 383, Reddings Lane, Birmingham, 34.6% of residents are recorded as possessing school level qualifications and 25.1% 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 383, Reddings Lane, Birmingham, the average age was 33.2 and the most common age was 7.
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 383, Reddings Lane, Birmingham, 0.7% 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 383, Reddings Lane, Birmingham, there are an average of 1.0 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.