89 Spring Lane

    89, SPRING LANE, BIRMINGHAM, B24 9BT

    This semi-detached freehold property on Spring Lane last sold in September 2016 for £172,500. Based on price growth in the B24 district since then, its estimated current value is £281,997 — placing it in the 45th percentile nationally and the 69th percentile within B24. The property covers 88 m² (947 sq ft), giving an estimated value of £3,205 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    947 sq ft

    88 m²

    Last Sale Price

    £172,500

    Sept 2016

    Estimated Valuation

    £281,997

    Est. £/sq ft

    £298/sq ft

    £3,205/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area947 sq ft (88 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Sept 2016

    £172,500

    Key Metrics

    Estimated valuation£281,997
    Value per sq ft / m²£298/sq ft (£3,205/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B24 district percentile69th percentile
    National percentile45th percentile

    District Context — B24

    B24 covers Erdington and surrounding neighbourhoods in north Birmingham, situated within the wider city's inner ring. The area is a long-established residential community with strong local amenities and good transport links.

    Average Property Price - B24

    £239,310

    24

    National percentile

    Average Net Household Income - B24

    £23,144

    2

    National percentile

    10-Year Annualised Price Growth - B24

    5.0%

    90

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B24

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