126 Lakes Road

    126, LAKES ROAD, BIRMINGHAM, B23 7UR

    This terraced freehold property on Lakes Road last sold in May 2017 for £122,000. Based on price growth in the B23 district since then, its estimated current value is £178,461 — placing it in the 19th percentile nationally and the 39th percentile within B23. The property covers 81 m² (872 sq ft), giving an estimated value of £2,203 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £122,000

    May 2017

    Estimated Valuation

    £178,461

    Est. £/sq ft

    £205/sq ft

    £2,203/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateDec 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2017

    £122,000

    Key Metrics

    Estimated valuation£178,461
    Value per sq ft / m²£205/sq ft (£2,203/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile39th percentile
    National percentile19th 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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