116 New Spring Street

    116, NEW SPRING STREET, BIRMINGHAM, B18 7LZ

    This terraced freehold property on New Spring Street last sold in May 2022 for £185,000. Based on price growth in the B18 district since then, its estimated current value is £206,430 — placing it in the 26th percentile nationally and the 74th percentile within B18. The property covers 87 m² (936 sq ft), giving an estimated value of £2,373 per m². The EPC rating is A, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    936 sq ft

    87 m²

    Last Sale Price

    £185,000

    May 2022

    Estimated Valuation

    £206,430

    Est. £/sq ft

    £220/sq ft

    £2,373/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentA
    EPC potentialA
    Floor area936 sq ft (87 m²)
    EPC dateMay 2015
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 May 2022

    £185,000

    Key Metrics

    Estimated valuation£206,430
    Value per sq ft / m²£220/sq ft (£2,373/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B18 district percentile74th percentile
    National percentile26th percentile

    District Context — B18

    B18 covers parts of central and inner Birmingham, including areas such as Handsworth and Aston. It is a densely populated urban neighbourhood with strong community character and significant housing stock across all tenures.

    Average Property Price - B18

    £174,892

    7

    National percentile

    Average Net Household Income - B18

    £30,055

    8

    National percentile

    10-Year Annualised Price Growth - B18

    2.6%

    17

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B18

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