43 Somerton Drive

    43, SOMERTON DRIVE, BIRMINGHAM, B23 5SU

    This terraced leasehold property on Somerton Drive last sold in June 2018 for £125,000. Based on price growth in the B23 district since then, its estimated current value is £171,666 — placing it in the 17th percentile nationally and the 35th percentile within B23. The property covers 55 m² (592 sq ft), giving an estimated value of £3,121 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £125,000

    Jun 2018

    Estimated Valuation

    £171,666

    Est. £/sq ft

    £290/sq ft

    £3,121/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateFeb 2018
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    11 Jun 2018

    £125,000

    2 Nov 2012

    £98,500

    28 Feb 1997

    £40,000

    Key Metrics

    Estimated valuation£171,666
    Value per sq ft / m²£290/sq ft (£3,121/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile35th percentile
    National percentile17th 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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