Flat 26, 50 - 60 Northwood Street

    FLAT 26, 50 - 60, NORTHWOOD STREET, BIRMINGHAM, B3 1TT

    This flat/maisonette leasehold property on Northwood Street last sold in January 2023 for £245,000. Based on price growth in the B3 district since then, its estimated current value is £203,928 — placing it in the 25th percentile nationally and the 48th percentile within B3. The property covers 48 m² (517 sq ft), giving an estimated value of £4,249 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £245,000

    Jan 2023

    Estimated Valuation

    £203,928

    Est. £/sq ft

    £395/sq ft

    £4,249/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2020
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area517 sq ft (48 m²)
    EPC dateNov 2022
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    23 Jan 2023

    New build

    £245,000

    Key Metrics

    Estimated valuation£203,928
    Value per sq ft / m²£395/sq ft (£4,249/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile48th percentile
    National percentile25th 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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