Flat 4 Forge Place, 164 Cheapside

    FLAT 4 FORGE PLACE, 164, CHEAPSIDE, DERITEND, BIRMINGHAM, B12 0PS

    This flat/maisonette leasehold property on Cheapside last sold in October 2006 for £87,500. Based on price growth in the B12 district since then, its estimated current value is £142,551 — placing it in the 11th percentile nationally and the 10th percentile within B12. The property covers 55 m² (592 sq ft), giving an estimated value of £2,592 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £87,500

    Oct 2006

    Estimated Valuation

    £142,551

    Est. £/sq ft

    £241/sq ft

    £2,592/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    9 Oct 2006

    New build

    £87,500

    Key Metrics

    Estimated valuation£142,551
    Value per sq ft / m²£241/sq ft (£2,592/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile10th percentile
    National percentile11th percentile

    District Context — B12

    B12 covers parts of Birmingham's inner-city neighbourhoods, positioned centrally within the city. It is a densely populated, diverse area with a significant proportion of younger families and working-age residents.

    Average Property Price - B12

    £234,282

    22

    National percentile

    Average Net Household Income - B12

    £29,269

    6

    National percentile

    10-Year Annualised Price Growth - B12

    6.2%

    97

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B12

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