Flat 31 Wells Tower Rodney Close

    FLAT 31 WELLS TOWER, RODNEY CLOSE, BIRMINGHAM, B16 8RU

    This flat/maisonette leasehold property on Rodney Close last sold in October 2012 for £45,000. Based on price growth in the B16 district since then, its estimated current value is £59,483 — placing it in the 0th percentile nationally and the 1st percentile within B16. The property covers 55 m² (592 sq ft), giving an estimated value of £1,082 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £45,000

    Oct 2012

    Estimated Valuation

    £59,483

    Est. £/sq ft

    £101/sq ft

    £1,082/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Oct 2012

    £45,000

    Key Metrics

    Estimated valuation£59,483
    Value per sq ft / m²£101/sq ft (£1,082/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B16 district percentile1st percentile
    National percentile0th 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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