1 Electric Way

    1, ELECTRIC WAY, BIRMINGHAM, B11 3NJ

    This detached freehold property on Electric Way last sold in June 2020 for £275,000. Based on price growth in the B11 district since then, its estimated current value is £262,953 — placing it in the 41st percentile nationally and the 82nd percentile within B11. The property covers 91 m² (980 sq ft), giving an estimated value of £2,890 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £275,000

    Jun 2020

    Estimated Valuation

    £262,953

    Est. £/sq ft

    £268/sq ft

    £2,890/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area980 sq ft (91 m²)
    EPC dateMay 2019
    WallsAverage thermal transmittance 0.28 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Jun 2020

    New build

    £275,000

    Key Metrics

    Estimated valuation£262,953
    Value per sq ft / m²£268/sq ft (£2,890/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B11 district percentile82nd percentile
    National percentile41st 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

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