According to the public record, 390, Rednal Road, Birmingham is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Rednal Road, Birmingham, B38 is located in the borough of Birmingham within the B38 postal district.
390, Rednal Road, Birmingham has 3 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated November 2016.
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 390 Rednal Road Birmingham as £140,831 and the rental value as £797 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 390 Rednal Road Birmingham has increased by £6,209 (4.4%) and its rental value has increased by £25 per month (3.1%).
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 390, Rednal Road, Birmingham is in very good condition we estimate a sale value of £147,872 and rental value of £837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,973 and a rental value of £742 per month.
If you were able to purchase this property for the estimated value of £140,831, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £692 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, 390, Rednal Road, Birmingham was last sold on 02 Feb 2021 for £130,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 520 metres radius of 390, Rednal Road, Birmingham over the last 2 years.
The most recent example is 384, Rednal Road, Birmingham, B38 8HT, a Freehold house which sold for £210,000 in Dec 2023.
Read more about house prices in B38.
Rednal Road, Birmingham, B38 has a total of 270 addresses. According to our analysis of all the public data, 390, Rednal Road, Birmingham is the 224th largest and the 253rd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in B38.
390, Rednal Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2016.
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 390, Rednal Road, Birmingham is Northfield station which is 1.3 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 390, Rednal Road, Birmingham, 59.7% of property is socially rented and 16.0% 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 390, Rednal Road, Birmingham, 15.1% of residents are recorded as possessing school level qualifications and 18.2% 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 390, Rednal Road, Birmingham, the average age was 37 and the most common age was 12.
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 390, Rednal Road, 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 390, Rednal Road, Birmingham, there are an average of 0.7 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.