According to the public record, 397, Reddings Lane, Birmingham is a period freehold house with 801 ft2 of internal area and sits on a 263 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Reddings Lane, Tyseley, Birmingham, B11 is located in the borough of Birmingham within the B11 postal district.
397, Reddings Lane, Birmingham has 21 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated August 2009.
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 397 Reddings Lane Birmingham as £210,005 and the rental value as £937 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 397 Reddings Lane Birmingham has increased by £7,176 (3.4%) and its rental value has increased by £17 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 397, Reddings Lane, Birmingham is in very good condition we estimate a sale value of £220,506 and rental value of £984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,305 and a rental value of £872 per month.
If you were able to purchase this property for the estimated value of £210,005, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,032 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, 397, Reddings Lane, Birmingham sits on a plot of 263m2.
We have plot size data on 18 out of 32 other houses in the postcode and 397, Reddings Lane, Birmingham sits on the 2nd largest plot.
According to HM Land Registry, 397, Reddings Lane, Birmingham was last sold on 14 Aug 2015 for £180,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2015, the market for similar properties has risen 60.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 397, Reddings Lane, Birmingham within a radius of 480 metres over the last 2 years.
The most recent example is 44, Lyncroft Road, Birmingham, B11 3EH, a Freehold house which sold for £230,000 in Aug 2023.
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, 397, Reddings Lane, Birmingham is the 168th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in B11.
397, Reddings Lane, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Aug 2009.
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 397, 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 397, 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 397, 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 397, 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 397, 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 397, 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.