124 Gipsy Lane

    124, GIPSY LANE, BIRMINGHAM, B23 7SU

    This terraced freehold property on Gipsy Lane last sold in July 2017 for £117,000. Based on price growth in the B23 district since then, its estimated current value is £171,147 — placing it in the 17th percentile nationally and the 35th percentile within B23. The property covers 77 m² (829 sq ft), giving an estimated value of £2,223 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £117,000

    Jul 2017

    Estimated Valuation

    £171,147

    Est. £/sq ft

    £207/sq ft

    £2,223/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateNov 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jul 2017

    £117,000

    10 Sept 2004

    £85,000

    12 Apr 2001

    £41,000

    Key Metrics

    Estimated valuation£171,147
    Value per sq ft / m²£207/sq ft (£2,223/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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