189 Lakes Road

    189, LAKES ROAD, BIRMINGHAM, BIRMINGHAM, B23 7UH

    This terraced freehold property on Lakes Road last sold in December 1998 for £37,000. Based on price growth in the B23 district since then, its estimated current value is £168,356 — placing it in the 17th percentile nationally and the 33rd percentile within B23. The property covers 65 m² (700 sq ft), giving an estimated value of £2,590 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £37,000

    Dec 1998

    Estimated Valuation

    £168,356

    Est. £/sq ft

    £241/sq ft

    £2,590/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateMar 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Dec 1998

    £37,000

    Key Metrics

    Estimated valuation£168,356
    Value per sq ft / m²£241/sq ft (£2,590/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile33rd 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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