Flat 1 50 - 56 Northwood Street

    FLAT 1 50 - 56, NORTHWOOD STREET, BIRMINGHAM, B3 1TT

    This flat/maisonette leasehold property on Northwood Street last sold in October 2023 for £163,150. Based on price growth in the B3 district since then, its estimated current value is £135,799 — placing it in the 10th percentile nationally and the 11th percentile within B3. The property covers 56 m² (603 sq ft), giving an estimated value of £2,425 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £163,150

    Oct 2023

    Estimated Valuation

    £135,799

    Est. £/sq ft

    £225/sq ft

    £2,425/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area603 sq ft (56 m²)
    EPC dateOct 2022
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    12 Oct 2023

    New build

    £163,150

    Key Metrics

    Estimated valuation£135,799
    Value per sq ft / m²£225/sq ft (£2,425/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile11th percentile
    National percentile10th 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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