Apartment 3 191 Lakes Road

    APARTMENT 3 191, LAKES ROAD, BIRMINGHAM, BIRMINGHAM, B23 7UH

    This flat/maisonette leasehold property on Lakes Road last sold in December 2006 for £119,500. Based on price growth in the B23 district since then, its estimated current value is £118,887 — placing it in the 7th percentile nationally and the 18th percentile within B23. The property covers 56 m² (603 sq ft), giving an estimated value of £2,123 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £119,500

    Dec 2006

    Estimated Valuation

    £118,887

    Est. £/sq ft

    £197/sq ft

    £2,123/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateApr 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    13 Dec 2006

    New build

    £119,500

    Key Metrics

    Estimated valuation£118,887
    Value per sq ft / m²£197/sq ft (£2,123/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile18th percentile
    National percentile7th 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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