2 Mead Rise

    2, MEAD RISE, BIRMINGHAM, B15 3SD

    This detached leasehold property on Mead Rise last sold in March 2016 for £625,000. Based on price growth in the B15 district since then, its estimated current value is £1,007,403 — placing it in the 96th percentile nationally and the 89th percentile within B15. The property covers 138 m² (1,485 sq ft), giving an estimated value of £7,300 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    1,485 sq ft

    138 m²

    Last Sale Price

    £625,000

    Mar 2016

    Estimated Valuation

    £1,007,403

    Est. £/sq ft

    £678/sq ft

    £7,300/m²

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,485 sq ft (138 m²)
    EPC dateAug 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Mar 2016

    £625,000

    Key Metrics

    Estimated valuation£1,007,403
    Value per sq ft / m²£678/sq ft (£7,300/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B15 district percentile89th percentile
    National percentile96th 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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