2 Somerton Drive

    2, SOMERTON DRIVE, BIRMINGHAM, B23 5ST

    This terraced leasehold property on Somerton Drive last sold in August 2017 for £160,000. Based on price growth in the B23 district since then, its estimated current value is £234,047 — placing it in the 33rd percentile nationally and the 73rd percentile within B23. The property covers 89 m² (958 sq ft), giving an estimated value of £2,630 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £160,000

    Aug 2017

    Estimated Valuation

    £234,047

    Est. £/sq ft

    £244/sq ft

    £2,630/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateJan 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 2017

    £160,000

    15 Aug 2017

    £160,000

    12 Sept 2008

    £120,000

    Key Metrics

    Estimated valuation£234,047
    Value per sq ft / m²£244/sq ft (£2,630/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile73rd percentile
    National percentile33rd 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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