3 Mem Way

    3, MEM WAY, BIRMINGHAM, B11 3NG

    This terraced freehold property on Mem Way last sold in September 2019 for £203,000. Based on price growth in the B11 district since then, its estimated current value is £260,055 — placing it in the 40th percentile nationally and the 81st percentile within B11. The property covers 69 m² (743 sq ft), giving an estimated value of £3,769 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £203,000

    Sept 2019

    Estimated Valuation

    £260,055

    Est. £/sq ft

    £350/sq ft

    £3,769/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area743 sq ft (69 m²)
    EPC dateJun 2019
    WallsAverage thermal transmittance 0.28 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2019

    New build

    £203,000

    Key Metrics

    Estimated valuation£260,055
    Value per sq ft / m²£350/sq ft (£3,769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B11 district percentile81st percentile
    National percentile40th percentile

    District Context — B11

    B11 covers parts of inner Birmingham, situated in the heart of the city. It is a densely populated area with a diverse community and a strong rental market presence.

    Average Property Price - B11

    £200,556

    12

    National percentile

    Average Net Household Income - B11

    £21,549

    2

    National percentile

    10-Year Annualised Price Growth - B11

    5.5%

    94

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B11

    More properties in B11

    Streets in B11

    Explore nearby