Flat 11 1 Melton Drive

    FLAT 11 1, MELTON DRIVE, BIRMINGHAM, B15 2NB

    This flat/maisonette leasehold property on Melton Drive last sold in September 2017 for £118,000. Based on price growth in the B15 district since then, its estimated current value is £114,572 — placing it in the 6th percentile nationally and the 4th percentile within B15. The property covers 71 m² (764 sq ft), giving an estimated value of £1,614 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £118,000

    Sept 2017

    Estimated Valuation

    £114,572

    Est. £/sq ft

    £150/sq ft

    £1,614/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area764 sq ft (71 m²)
    EPC dateMar 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2017

    £118,000

    2 Apr 2012

    £120,000

    Key Metrics

    Estimated valuation£114,572
    Value per sq ft / m²£150/sq ft (£1,614/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B15 district percentile4th percentile
    National percentile6th percentile

    District Context — B15

    B15 covers central Birmingham, including the city centre and surrounding inner-city neighbourhoods. It is a youthful, densely populated area with a strong student and young professional presence, reflecting its proximity to the city's universities and business district.

    Average Property Price - B15

    £445,234

    74

    National percentile

    Average Net Household Income - B15

    £38,288

    51

    National percentile

    10-Year Annualised Price Growth - B15

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B15

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