Apartment 1 191 Lakes Road

    APARTMENT 1 191, LAKES ROAD, BIRMINGHAM, B23 7UH

    This flat/maisonette leasehold property on Lakes Road last sold in January 2012 for £124,000. Based on price growth in the B23 district since then, its estimated current value is £168,139 — placing it in the 17th percentile nationally and the 33rd percentile within B23. The property covers 58 m² (624 sq ft), giving an estimated value of £2,899 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £124,000

    Jan 2012

    Estimated Valuation

    £168,139

    Est. £/sq ft

    £269/sq ft

    £2,899/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area624 sq ft (58 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    11 Jan 2012

    £124,000

    1 Sept 2010

    £52,000

    21 Dec 2006

    New build

    £119,500

    Key Metrics

    Estimated valuation£168,139
    Value per sq ft / m²£269/sq ft (£2,899/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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