62 Somerton Drive

    62, SOMERTON DRIVE, BIRMINGHAM, B23 5ST

    This terraced freehold property on Somerton Drive last sold in May 2017 for £176,500. Based on price growth in the B23 district since then, its estimated current value is £258,183 — placing it in the 39th percentile nationally and the 82nd percentile within B23. The property covers 86 m² (926 sq ft), giving an estimated value of £3,002 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £176,500

    May 2017

    Estimated Valuation

    £258,183

    Est. £/sq ft

    £279/sq ft

    £3,002/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area926 sq ft (86 m²)
    EPC dateJan 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingWater source heat pump, underfloor, mains gas

    Transaction History

    11 May 2017

    £176,500

    21 May 2014

    £110,000

    Key Metrics

    Estimated valuation£258,183
    Value per sq ft / m²£279/sq ft (£3,002/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile82nd percentile
    National percentile39th 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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