16 Lanchester Close

    16, LANCHESTER CLOSE, BALSALL HEATH, BIRMINGHAM, B12 9AG

    This terraced freehold property on Lanchester Close last sold in July 2024 for £320,000. Based on price growth in the B12 district since then, its estimated current value is £289,844 — placing it in the 47th percentile nationally and the 79th percentile within B12. The property covers 78 m² (840 sq ft), giving an estimated value of £3,716 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £320,000

    Jul 2024

    Estimated Valuation

    £289,844

    Est. £/sq ft

    £345/sq ft

    £3,716/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialA
    Floor area840 sq ft (78 m²)
    EPC dateJul 2024
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingAir source heat pump, radiators, electric

    Transaction History

    29 Jul 2024

    £320,000

    Key Metrics

    Estimated valuation£289,844
    Value per sq ft / m²£345/sq ft (£3,716/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile79th percentile
    National percentile47th 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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