Flat 7 Forge Place, 164 Cheapside

    FLAT 7 FORGE PLACE, 164, CHEAPSIDE, DERITEND, BIRMINGHAM, B12 0PS

    This flat/maisonette leasehold property on Cheapside last sold in February 2022 for £168,000. Based on price growth in the B12 district since then, its estimated current value is £187,407 — placing it in the 21st percentile nationally and the 27th percentile within B12. The property covers 55 m² (592 sq ft), giving an estimated value of £3,407 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

    £168,000

    Feb 2022

    Estimated Valuation

    £187,407

    Est. £/sq ft

    £317/sq ft

    £3,407/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    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

    15 Feb 2022

    £168,000

    Key Metrics

    Estimated valuation£187,407
    Value per sq ft / m²£317/sq ft (£3,407/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile27th percentile
    National percentile21st 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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