54 Larchmere Drive

    54, LARCHMERE DRIVE, BIRMINGHAM, B28 8JB

    This terraced leasehold property on Larchmere Drive last sold in August 2016 for £150,000. Based on price growth in the B28 district since then, its estimated current value is £238,325 — placing it in the 34th percentile nationally and the 20th percentile within B28. The property covers 75 m² (807 sq ft), giving an estimated value of £3,178 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £150,000

    Aug 2016

    Estimated Valuation

    £238,325

    Est. £/sq ft

    £295/sq ft

    £3,178/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateApr 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Aug 2016

    £150,000

    Key Metrics

    Estimated valuation£238,325
    Value per sq ft / m²£295/sq ft (£3,178/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B28 district percentile20th percentile
    National percentile34th percentile

    District Context — B28

    B28 covers south Birmingham, including areas around Cotteridge and Billesley, situated on the city's outskirts. It is a largely residential district with strong owner-occupier character and family-oriented communities.

    Average Property Price - B28

    £307,603

    44

    National percentile

    Average Net Household Income - B28

    £38,712

    53

    National percentile

    10-Year Annualised Price Growth - B28

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B28

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