16 Roosevelt Apartments, 1 Lexington Gardens

    16 ROOSEVELT APARTMENTS, 1, LEXINGTON GARDENS, BIRMINGHAM, B15 2DU

    This flat/maisonette leasehold property on Lexington Gardens last sold in June 2023 for £263,000. Based on price growth in the B15 district since then, its estimated current value is £222,705 — placing it in the 30th percentile nationally and the 44th percentile within B15. The property covers 69 m² (743 sq ft), giving an estimated value of £3,228 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £263,000

    Jun 2023

    Estimated Valuation

    £222,705

    Est. £/sq ft

    £300/sq ft

    £3,228/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateOct 2017
    WallsAverage thermal transmittance 0.2 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    30 Jun 2023

    £263,000

    15 Dec 2017

    New build

    £238,000

    Key Metrics

    Estimated valuation£222,705
    Value per sq ft / m²£300/sq ft (£3,228/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B15 district percentile44th percentile
    National percentile30th 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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