Apartment 56 Lightwell, 71 Cornwall Street

    APARTMENT 56 LIGHTWELL, 71, CORNWALL STREET, BIRMINGHAM, B3 2EE

    This flat/maisonette leasehold property on Cornwall Street last sold in February 2019 for £155,000. Based on price growth in the B3 district since then, its estimated current value is £145,833 — placing it in the 12th percentile nationally and the 15th percentile within B3. The property covers 41 m² (441 sq ft), giving an estimated value of £3,557 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £155,000

    Feb 2019

    Estimated Valuation

    £145,833

    Est. £/sq ft

    £330/sq ft

    £3,557/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction age2018
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentC
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateNov 2018
    WallsAverage thermal transmittance 0.55 W/m²K
    HeatingRoom heaters, electric

    Transaction History

    12 Feb 2019

    New build

    £155,000

    Key Metrics

    Estimated valuation£145,833
    Value per sq ft / m²£330/sq ft (£3,557/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile15th percentile
    National percentile12th 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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