Apartment 224 58 Water Street

    APARTMENT 224 58, WATER STREET, BIRMINGHAM, B3 1BJ

    This flat/maisonette leasehold property on Water Street last sold in March 2024 for £195,000. Based on price growth in the B3 district since then, its estimated current value is £171,716 — placing it in the 17th percentile nationally and the 29th percentile within B3. The property covers 58 m² (624 sq ft), giving an estimated value of £2,961 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £195,000

    Mar 2024

    Estimated Valuation

    £171,716

    Est. £/sq ft

    £275/sq ft

    £2,961/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area624 sq ft (58 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    15 Mar 2024

    £195,000

    30 Jun 2009

    New build

    £175,521

    Key Metrics

    Estimated valuation£171,716
    Value per sq ft / m²£275/sq ft (£2,961/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile29th percentile
    National percentile17th percentile

    District Context — B3

    B3 covers the city centre and inner areas of Birmingham. It is a densely urban neighbourhood with a predominantly young, transient population and strong rental demand.

    Average Property Price - B3

    £236,115

    23

    National percentile

    Average Net Household Income - B3

    £52,223

    92

    National percentile

    10-Year Annualised Price Growth - B3

    2.6%

    18

    National percentile

    10-Year Annualised Rent Growth - B

    4.4%

    77

    National percentile

    View full analysis for B3

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