31 Somerton Drive

    31, SOMERTON DRIVE, BIRMINGHAM, BIRMINGHAM, B23 5SU

    This flat/maisonette leasehold property on Somerton Drive last sold in July 2002 for £63,000. Based on price growth in the B23 district since then, its estimated current value is £114,021 — placing it in the 6th percentile nationally and the 17th percentile within B23. The property covers 57 m² (614 sq ft), giving an estimated value of £2,000 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £63,000

    Jul 2002

    Estimated Valuation

    £114,021

    Est. £/sq ft

    £186/sq ft

    £2,000/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateJun 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Jul 2002

    £63,000

    5 Jan 2001

    £44,000

    Key Metrics

    Estimated valuation£114,021
    Value per sq ft / m²£186/sq ft (£2,000/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile17th percentile
    National percentile6th 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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