5 Elder Way

    5, ELDER WAY, BIRMINGHAM, BIRMINGHAM, B23 7LZ

    This semi-detached freehold property on Elder Way last sold in December 2002 for £92,500. Based on price growth in the B23 district since then, its estimated current value is £265,761 — placing it in the 41st percentile nationally and the 84th percentile within B23. The property covers 76 m² (818 sq ft), giving an estimated value of £3,497 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £92,500

    Dec 2002

    Estimated Valuation

    £265,761

    Est. £/sq ft

    £325/sq ft

    £3,497/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJul 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2002

    £92,500

    6 May 1997

    £51,000

    Key Metrics

    Estimated valuation£265,761
    Value per sq ft / m²£325/sq ft (£3,497/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile84th percentile
    National percentile41st 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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