118 Mere Road

    118, MERE ROAD, BIRMINGHAM, B23 7LN

    This terraced freehold property on Mere Road last sold in February 2023 for £230,000. Based on price growth in the B23 district since then, its estimated current value is £245,469 — placing it in the 36th percentile nationally and the 77th percentile within B23. The property covers 115 m² (1,238 sq ft), giving an estimated value of £2,135 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £230,000

    Feb 2023

    Estimated Valuation

    £245,469

    Est. £/sq ft

    £198/sq ft

    £2,135/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,238 sq ft (115 m²)
    EPC dateMar 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2023

    £230,000

    29 Aug 2014

    £92,000

    Key Metrics

    Estimated valuation£245,469
    Value per sq ft / m²£198/sq ft (£2,135/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile77th percentile
    National percentile36th 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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