124 Broomhill Road

    124, BROOMHILL ROAD, BIRMINGHAM, B23 5AE

    This terraced leasehold property on Broomhill Road last sold in November 2011 for £170,000. Based on price growth in the B23 district since then, its estimated current value is £304,949 — placing it in the 50th percentile nationally and the 93rd percentile within B23. The property covers 103 m² (1,109 sq ft), giving an estimated value of £2,961 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £170,000

    Nov 2011

    Estimated Valuation

    £304,949

    Est. £/sq ft

    £275/sq ft

    £2,961/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,109 sq ft (103 m²)
    EPC dateNov 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Nov 2011

    New build

    £170,000

    Key Metrics

    Estimated valuation£304,949
    Value per sq ft / m²£275/sq ft (£2,961/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile93rd percentile
    National percentile50th percentile

    District Context — B23

    B23 covers parts of north Birmingham, including areas such as Erdington and nearby neighbourhoods. It is a working-class residential district with a diverse, younger population and a strong rental market.

    Average Property Price - B23

    £195,554

    11

    National percentile

    Average Net Household Income - B23

    £31,766

    13

    National percentile

    10-Year Annualised Price Growth - B23

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B23

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