7 Wesley Road

    7, WESLEY ROAD, BIRMINGHAM, B23 6TX

    This terraced freehold property on Wesley Road last sold in January 2018 for £128,000. Based on price growth in the B23 district since then, its estimated current value is £175,786 — placing it in the 18th percentile nationally and the 37th percentile within B23. The property covers 95 m² (1,023 sq ft), giving an estimated value of £1,850 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £128,000

    Jan 2018

    Estimated Valuation

    £175,786

    Est. £/sq ft

    £172/sq ft

    £1,850/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,023 sq ft (95 m²)
    EPC dateMay 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jan 2018

    £128,000

    Key Metrics

    Estimated valuation£175,786
    Value per sq ft / m²£172/sq ft (£1,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B23 district percentile37th percentile
    National percentile18th 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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