50 Parkes Avenue

    50, PARKES AVENUE, BALSALL HEATH, BIRMINGHAM, B12 9AW

    This flat/maisonette leasehold property on Parkes Avenue last sold in April 2024 for £195,000. Based on price growth in the B12 district since then, its estimated current value is £208,151 — placing it in the 27th percentile nationally and the 38th percentile within B12. The property covers 56 m² (603 sq ft), giving an estimated value of £3,717 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £195,000

    Apr 2024

    Estimated Valuation

    £208,151

    Est. £/sq ft

    £345/sq ft

    £3,717/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area603 sq ft (56 m²)
    EPC dateApr 2024
    WallsAverage thermal transmittance 0.16 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    30 Apr 2024

    £195,000

    Key Metrics

    Estimated valuation£208,151
    Value per sq ft / m²£345/sq ft (£3,717/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile38th percentile
    National percentile27th 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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