Flat 1 4 Lanchester Close

    FLAT 1 4, LANCHESTER CLOSE, BALSALL HEATH, BIRMINGHAM, B12 9AG

    This flat/maisonette leasehold property on Lanchester Close last sold in July 2024 for £265,000. Based on price growth in the B12 district since then, its estimated current value is £282,872 — placing it in the 45th percentile nationally and the 76th percentile within B12. The property covers 60 m² (646 sq ft), giving an estimated value of £4,715 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    646 sq ft

    60 m²

    Last Sale Price

    £265,000

    Jul 2024

    Estimated Valuation

    £282,872

    Est. £/sq ft

    £438/sq ft

    £4,715/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2022
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area646 sq ft (60 m²)
    EPC dateJul 2024
    WallsAverage thermal transmittance 0.15 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    31 Jul 2024

    £265,000

    Key Metrics

    Estimated valuation£282,872
    Value per sq ft / m²£438/sq ft (£4,715/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B12 district percentile76th percentile
    National percentile45th 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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