Apartment 502 St Martins Gate, 5 Worcester Street

    APARTMENT 502 ST MARTINS GATE, 5, WORCESTER STREET, BIRMINGHAM, B2 4BB

    This flat/maisonette leasehold property on Worcester Street last sold in March 2015 for £103,000. Based on price growth in the B2 district since then, its estimated current value is £136,864 — placing it in the 10th percentile nationally and the 15th percentile within B2. The property covers 43 m² (463 sq ft), giving an estimated value of £3,183 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £103,000

    Mar 2015

    Estimated Valuation

    £136,864

    Est. £/sq ft

    £296/sq ft

    £3,183/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateApr 2013
    WallsSystem built, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    19 Mar 2015

    £103,000

    31 Jan 2006

    £150,000

    28 Nov 2005

    New build

    £120,000

    Key Metrics

    Estimated valuation£136,864
    Value per sq ft / m²£296/sq ft (£3,183/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B2 district percentile15th percentile
    National percentile10th percentile

    District Context — B2

    B2 covers central Birmingham, encompassing the city centre and surrounding inner-city neighbourhoods. It is a densely populated urban area characterised by diverse housing, strong student and young professional populations, and ongoing regeneration.

    Average Property Price - B2

    £179,167

    7

    National percentile

    Average Net Household Income - B2

    £44,108

    73

    National percentile

    10-Year Annualised Price Growth - B2

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B2

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