55 Larchmere Drive

    55, LARCHMERE DRIVE, BIRMINGHAM, B28 8JB

    This terraced leasehold property on Larchmere Drive last sold in March 2021 for £202,000. Based on price growth in the B28 district since then, its estimated current value is £246,556 — placing it in the 36th percentile nationally and the 22nd percentile within B28. The property covers 91 m² (980 sq ft), giving an estimated value of £2,709 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £202,000

    Mar 2021

    Estimated Valuation

    £246,556

    Est. £/sq ft

    £252/sq ft

    £2,709/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateApr 2019
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    31 Mar 2021

    £202,000

    12 Nov 2019

    £167,500

    Key Metrics

    Estimated valuation£246,556
    Value per sq ft / m²£252/sq ft (£2,709/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B28 district percentile22nd percentile
    National percentile36th 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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