Apartment 8 Rea Court, 161 Cheapside

    APARTMENT 8 REA COURT, 161, CHEAPSIDE, DERITEND, BIRMINGHAM, B12 0PS

    This flat/maisonette leasehold property on Cheapside last sold in September 2023 for £170,000. Based on price growth in the B12 district since then, its estimated current value is £179,525 — placing it in the 19th percentile nationally and the 22nd percentile within B12. The property covers 75 m² (807 sq ft), giving an estimated value of £2,394 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £170,000

    Sept 2023

    Estimated Valuation

    £179,525

    Est. £/sq ft

    £222/sq ft

    £2,394/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    28 Sept 2023

    £170,000

    29 Sept 2006

    New build

    £120,000

    Key Metrics

    Estimated valuation£179,525
    Value per sq ft / m²£222/sq ft (£2,394/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile22nd percentile
    National percentile19th 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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