124 Melbourne Avenue

    124, MELBOURNE AVENUE, BIRMINGHAM, B19 2HZ

    This terraced freehold property on Melbourne Avenue last sold in May 2023 for £125,000. Based on price growth in the B19 district since then, its estimated current value is £139,804 — placing it in the 10th percentile nationally and the 28th percentile within B19. The property covers 78 m² (840 sq ft), giving an estimated value of £1,792 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £125,000

    May 2023

    Estimated Valuation

    £139,804

    Est. £/sq ft

    £166/sq ft

    £1,792/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateSept 2022
    WallsSystem built, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2023

    £125,000

    Key Metrics

    Estimated valuation£139,804
    Value per sq ft / m²£166/sq ft (£1,792/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B19 district percentile28th percentile
    National percentile10th percentile

    District Context — B19

    B19 covers inner-city Birmingham, encompassing neighbourhoods in the heart of the metropolitan area. It is a densely populated, diverse district with significant social housing provision and a young demographic profile.

    Average Property Price - B19

    £168,471

    6

    National percentile

    Average Net Household Income - B19

    £29,668

    7

    National percentile

    10-Year Annualised Price Growth - B19

    3.5%

    49

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B19

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