Flat 8 Magdalen Court, 1 Vernon Road

    FLAT 8 MAGDALEN COURT, 1, VERNON ROAD, EDGBASTON, BIRMINGHAM, B16 9SQ

    This flat/maisonette leasehold property on Vernon Road last sold in August 2021 for £130,000. Based on price growth in the B16 district since then, its estimated current value is £116,717 — placing it in the 6th percentile nationally and the 11th percentile within B16. The property covers 55 m² (592 sq ft), giving an estimated value of £2,122 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £130,000

    Aug 2021

    Estimated Valuation

    £116,717

    Est. £/sq ft

    £197/sq ft

    £2,122/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateMay 2015
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2021

    £130,000

    14 Sept 2016

    £127,950

    14 Jun 2006

    £136,000

    5 Apr 2001

    New build

    £89,950

    Key Metrics

    Estimated valuation£116,717
    Value per sq ft / m²£197/sq ft (£2,122/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B16 district percentile11th percentile
    National percentile6th percentile

    District Context — B16

    B16 covers central Birmingham, encompassing inner-city neighbourhoods with strong transport links and diverse local amenities. The area has a distinctly urban, younger demographic character with high private renting and social housing.

    Average Property Price - B16

    £270,673

    34

    National percentile

    Average Net Household Income - B16

    £34,877

    31

    National percentile

    10-Year Annualised Price Growth - B16

    4.5%

    81

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B16

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