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Rednal Hill Lane, B45 Property Market Overview
See if Rednal Hill Lane in the B45 district in Birmingham is on par with Birmingham’s typical property pricing.
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Associated Postcodes:
B45 9LJ, B45 9LL, B45 9LR
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House Prices > Birmingham > B45 > Rednal Hill Lane
Street’s Property Overview
The Full Market Report for Rednal Hill Lane
- Since 2021, 23 houses have been sold on Rednal Hill Lane, each averaging a price of £310,200. These homes generally measure 1,184 square feet, costing £265 per square foot.
- Properties sold on Rednal Hill Lane have fetched amounts from £155,000 to £468,400. Costs per square foot have varied from £169 to £332.
- June 2024 stands as the date of the last house transaction on Rednal Hill Lane.
Property Values vs the Vicinity
Property Costs: Rednal Hill Lane vs Surrounding Areas
By Locality
Rubery
Purchasing in Rubery comes at 45% less than on Rednal Hill Lane on average. (£171,600 vs £310,200) Thus, settling for a similar home elsewhere in Rubery could mean keeping £138,600 in reserve compared to Rednal Hill Lane.
By Sector
B45 9
House prices across the B45 9 sector are generally 27% lower than those on Rednal Hill Lane. (£226,600 vs £310,200) Therefore, a comparable home elsewhere in the sector may cost £83,600 less than a similar property on Rednal Hill Lane, based on current market trends.
By District
i.e. B45
Recent figures reveal that properties on Rednal Hill Lane are priced, on average, 7% above those in the B45 district. (£310,200 vs £287,100). Based on these insights, buyers considering Rednal Hill Lane may need to budget an extra £23,100 compared to other district locations.
By City or Town
i.e. Birmingham
Birmingham gives you house; Rednal Hill Lane gives you hype - for 11% more. (£310,200 vs £277,000). Based on this difference, purchasing a similar property elsewhere in Birmingham instead of on Rednal Hill Lane could leave you with an extra £33,700.
Street Details Made Simple
Little-Known Insights About Rednal Hill Lane
- This road presents 84 properties, divided among 3 postcodes.
- Every home on Rednal Hill Lane has been established for some time, with no new-builds.
- Energy data shows that homes on Rednal Hill Lane hold an average rating of 60 (D), with future improvements possibly leading to 79 (C).
- Homes on Rednal Hill Lane provide larger-than-average floor areas, averaging 1,184 square feet – well above the norm seen across Birmingham.
- With sales every 4 months, this street keeps a brisker pace than the 8.8 months standard in B45.
District Market Breakdowns
What’s Really Happening in Birmingham
Looking to acquire or invest in Birmingham? Our articles dive into the finest roads, property forecasts, and market tactics for a winning deal.
To go deeper, the House Prices in Birmingham page on our site combines all key figures from 2018 onwards in a single, easy-to-read summary.
Places to Check Out
A Closer Look at B45
A surprising set of stats from B45 is tucked just below this paragraph.
345
No. of Roads
3,373
No. of Transactions
£300K
Avg. Property Price
1,044
per sq/ft
Avg. Property Size
£265
per sq/ft
Avg. Cost Per Sq/Ft
Hidden Roads Around Here
Other Roads You May Be Interested In
Popular Roads in B45
- Old Birmingham Road
- Ryde Park Road
- New Road
- Cliff Rock Road
- Leach Green Lane
- Skylark Street
B45 Roads with Similar Prices
- Fairey Street
- Hackett Street
- New Road
- Hazel Road
- Beacon Hill
- Newman Drive
Roads Near Rednal Hill Lane
- Ashill Road
- Beoley Grove
- Callowbrook Lane
- Chaddersley Close
- Chapelfield Road
- Cheveley Avenue
