3 Lanchester Close

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

    This flat/maisonette leasehold property on Lanchester Close last sold in June 2024 for £210,000. Based on price growth in the B12 district since then, its estimated current value is £224,163 — placing it in the 31st percentile nationally and the 49th percentile within B12. The property covers 52 m² (560 sq ft), giving an estimated value of £4,311 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    560 sq ft

    52 m²

    Last Sale Price

    £210,000

    Jun 2024

    Estimated Valuation

    £224,163

    Est. £/sq ft

    £401/sq ft

    £4,311/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area560 sq ft (52 m²)
    EPC dateJun 2024
    WallsAverage thermal transmittance 0.17 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    28 Jun 2024

    £210,000

    Key Metrics

    Estimated valuation£224,163
    Value per sq ft / m²£401/sq ft (£4,311/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile49th percentile
    National percentile31st 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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