24 Mere Street

    24, MERE STREET, BIRMINGHAM, B23 6GB

    This terraced freehold property on Mere Street last sold in March 2005 for £157,000. Based on price growth in the B23 district since then, its estimated current value is £272,476 — placing it in the 43rd percentile nationally and the 86th percentile within B23. The property covers 91 m² (980 sq ft), giving an estimated value of £2,994 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £157,000

    Mar 2005

    Estimated Valuation

    £272,476

    Est. £/sq ft

    £278/sq ft

    £2,994/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateJul 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Mar 2005

    New build

    £157,000

    Key Metrics

    Estimated valuation£272,476
    Value per sq ft / m²£278/sq ft (£2,994/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile86th percentile
    National percentile43rd 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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