Flat 16 5 New Market Street

    FLAT 16 5, NEW MARKET STREET, BIRMINGHAM, B3 2NH

    This flat/maisonette leasehold property on New Market Street last sold in December 2021 for £210,000. Based on price growth in the B3 district since then, its estimated current value is £200,261 — placing it in the 25th percentile nationally and the 46th percentile within B3. The property covers 77 m² (829 sq ft), giving an estimated value of £2,601 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £210,000

    Dec 2021

    Estimated Valuation

    £200,261

    Est. £/sq ft

    £242/sq ft

    £2,601/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateJan 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    15 Dec 2021

    £210,000

    23 Nov 2001

    New build

    £155,000

    Key Metrics

    Estimated valuation£200,261
    Value per sq ft / m²£242/sq ft (£2,601/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    B3 district percentile46th 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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