183 Lakes Road

    183, LAKES ROAD, BIRMINGHAM, B23 7UH

    This terraced freehold property on Lakes Road last sold in April 2021 for £142,000. Based on price growth in the B23 district since then, its estimated current value is £169,434 — placing it in the 17th percentile nationally and the 34th percentile within B23. The property covers 73 m² (786 sq ft), giving an estimated value of £2,321 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £142,000

    Apr 2021

    Estimated Valuation

    £169,434

    Est. £/sq ft

    £216/sq ft

    £2,321/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area786 sq ft (73 m²)
    EPC dateJan 2024
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Apr 2021

    £142,000

    20 Apr 2001

    £40,000

    19 Jan 2001

    £28,000

    Key Metrics

    Estimated valuation£169,434
    Value per sq ft / m²£216/sq ft (£2,321/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile34th 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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